(1)Subsection (2) applies where—
(a)a money order issued by the Post Office company or a foreign postal administration has been delivered for collection to a banker, and
(b)the Post Office company has paid the order to the banker when it should not have done so.
(2)The sum paid may be deducted from sums subsequently falling to be paid by the Post Office company to the banker by way of payment of money orders so issued which have been delivered to the banker for collection.
Modifications etc. (not altering text)
C1S. 113(1)(a) modified (22.3.2001) by S.I. 2001/1148, art. 31 (with art. 34)
Commencement Information
I1S. 113 wholly in force at 26.3.2001, see s. 130 and S.I. 2001/1148, art. 2, Sch. (subject to arts. 3-42)