[89E Compensation in cases of presentment by electronic means]
Bills of Exchange Act 1882 (1882 c 61) | Legislation

[89E  Compensation in cases of presentment by electronic means]

[(1)     The Treasury may by regulations make provision for the responsible banker to compensate any person for any loss of a kind specified by the regulations which that person incurs in connection with electronic presentment or purported electronic presentment of an instrument.

(2)     In this section “electronic presentment or purported electronic presentment of an instrument” includes—

(a)     presentment of an instrument to which section 89A applies under that section;

(b)     presentment of any other instrument by any means involving provision of an electronic image by which it may be presented for payment;

(c)     purported presentment for payment by any means involving provision of an electronic image

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