13 Electronic paying in of cheques etc
Small Business, Enterprise and Employment Act 2015 (2015 c 26) | Legislation

Presentment of Cheques etc

13  Electronic paying in of cheques etc

(1)     The Bills of Exchange Act 1882 is amended as follows.

(2)     After section 89 insert—

“PART 4A
Presentment of cheques and other instruments by electronic means
89A Presentment of instruments by electronic means

(1)     Presentment for payment of an instrument to which this section applies may be effected by provision of an electronic image of both faces of the instrument, instead of by presenting the physical instrument, if the person to whom presentment is made accepts the presentment as effective.

This is subject to regulations under subsection (2) and to section 89C.

(2)     The Treasury may by regulations prescribe circumstances in which subsection (1) does not apply.

(3)     Regulations under subsection (2) may in particular prescribe circumstances by reference to—

(a)     descriptions of instrument;

(b)     arrangements under which presentment is made;

(c)     descriptions of persons by or to whom presentment is made;

(d)     descriptions of persons receiving payment or on whose behalf payment is received.

(4)     Where presentment for payment is made under subsection (1)—

(a)     any requirement—

(i)     that the physical instrument must be exhibited, presented or delivered on or in connection with presentment or payment (including

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