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CHEQUES ACT 1986 - SECT 69 Dishonour defined

CHEQUES ACT 1986 - SECT 69

Dishonour defined

    A cheque is dishonoured if the cheque is duly presented for payment and payment is refused by the drawee institution, being a refusal that is communicated by the drawee institution to the holder or the person who presented the cheque on the holder's behalf.

Note:   A cheque may be taken to be dishonoured in certain circumstances (see section   70A).