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4.28.2

All cheques to customers must be crossed, unless:

(a) the payee customer requests otherwise in writing; and
(b) a senior management staff (or his delegate) of a Trading Member who is independent of sales or dealing, or a senior management staff (or his delegate) of a related corporation of that Trading Member charged with the payment function, authorises the request in writing.

Added on 3 June 20193 June 2019.