Singapore legislation

Regulation 4

of Bills of Exchange (Cheque Truncation) Regulations

Regulation 4

Image return document

Subregulation 1

For the purposes of section 87B of the Act, an image return document shall contain the following particulars:

(a)

the presenting banker’s name and logo;

(b)

the image of the cheque or the instrument which has been dishonoured;

(c)

the electronic payment information of the cheque or the instrument which has been dishonoured;

(d)

the reason for the dishonour;

(e)

the conditions for presentment, including the period within which the presentment must be carried out; and

(f)

the signature of a person who is authorised to issue the document on behalf of the presenting banker.

Subregulation 2

In this regulation, “instrument” does not include an instrument referred to in section 85(2)(c) of the Act.