1. If the Bearer Cheque is lost or destroyed, its owner may object to the Drawee to pay its value. The objection must include the number of the Cheque, its sum, the name of its Drawer, and every other particular that helps in identifying it, and the circumstances surrounding its loss or destruction. If it is not possible to provide some of such data, the reasons for the same must be mentioned. If the objector does not have a place of residence in the State, they must designate an elected domicile there. 2. As soon as the Drawee receives the objection, they must refrain from paying the value of the Cheque to its holder and shall set aside the funds for payment of the Cheque until the matter is decided. 3. The Drawee, at the expense of the objector, shall publish the number of the lost or destroyed Cheque, its sum, the name of the Drawer, the name of the objector, and their address in one of the daily newspapers issued in the State in Arabic. Any disposition of the Cheque after the date of publication shall be null and void.
Interpretation and application must be checked against the official text and current version.
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