Revocation of banker’s authority

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The duty and authority of a banker to pay a cheque drawn on the banker by the banker’s customer are determined by —

countermand of payment; or

notice of the customer’s death.

5 Parts

s.75Revocation of banker’s authority— Bills of Exchange Act (2021 Revision)

Section 75Part 3 — Cheques on a Banker

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The duty and authority of a banker to pay a cheque drawn on the banker by the banker’s customer are determined by —

countermand of payment; or

notice of the customer’s death.