Saïed: amendment of cheque legislation needs to be premised on balance between actors


Tunis: The amendment of the articles of the Commercial Code on cheque transactions must be premised on a balance between all actors, namely the issuer, the payee and the financial institution, President Kaïs Saïed said as he met Monday in Carthage with Minister of Justice Leila Jaffel.

The amendment must break with the current legislative system, he added, which resulted in many “victims,” the Presidency said Tuesday in a press release.

The amendment needs to complete, clarify and remove any ambiguity regarding the bill amending Article 411 of the Commercial Code.

The national responsibility, the Head of State said, requires the enactment of new legislation to deliver justice to those oppressed and do away with an unfair and imbalanced legislation.

Source: Agence Tunis Afrique Presse