(1) Subject to the provisions of this section, presentment for payment of a cheque may be made by a banker (in this section referred to as the 'collecting banker') on his own behalf or on behalf of a customer or any other person to the banker on whom it is drawn (in this section referred to as the 'drawee banker') by notification to the drawee banker of the essential features of the cheque other than by its physical presentment, whether by the transmission of an electronic message or by any other means.
(2) A drawee banker to whom a cheque is presented by notification in the manner provided for in subsection (1) of this section may, before the close of business on the next business day following receipt of such notification, request the collecting banker that the cheque be physically presented to him.
(3) A request by the drawee banker for physical presentment of a cheque in accordance with subsection (2) of this section shall not constitute dishonour of the cheque by non-payment.
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