Section 87B

Where a cheque presented for payment in accordance with section 87A(1) is dishonoured by non-payment, the collecting bank shall, unless the collecting bank returns the cheque itself or the holder requests the return of the cheque itself, issue to the holder an image return document.

Subject to subsection (4), an image return document may be presented for payment to the collecting bank by the holder to whom the image return document was issued as if that document were the cheque to which it relates.

An image return document is deemed to be the cheque to which it relates for the purposes of presentment under subsection (2).

An image return document may be presented by the holder under subsection (2) for payment only if —

Where an image return document has been lost before the expiry of the period for its presentment stated therein, the person who was the holder of the document may apply to the drawer of the cheque to which the document relates, and the drawer may be compelled, to give him another cheque of the same tenor, subject to him giving security to indemnify the

In this section, “image return document” means a document issued by a collecting bank containing such particulars as may be prescribed by the Minister under section 87C.