113 Recoupment of losses on wrongly paid money orders.U.K.
(1)Subsection (2) applies where—
(a)a money order issued by [F1a Post Office company] or a foreign postal administration has been delivered for collection to a banker, and
(b)[F2a Post Office company (“the 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 [F3the company] company to the banker by way of payment of money orders so issued which have been delivered to the banker for collection.
Textual Amendments
F1Words in s. 113(1)(a) substituted (23.4.2012) by Postal Services Act 2011 (c. 5), s. 93(2)(3), Sch. 12 para. 40(2)(a); S.I. 2012/1095, art. 3(1) (with art. 5)
F2Words in s. 113(1)(b) substituted (23.4.2012) by Postal Services Act 2011 (c. 5), s. 93(2)(3), Sch. 12 para. 40(2)(b); S.I. 2012/1095, art. 3(1) (with art. 5)
F3Words in s. 113(2) substituted (23.4.2012) by Postal Services Act 2011 (c. 5), s. 93(2)(3), Sch. 12 para. 40(3); S.I. 2012/1095, art. 3(1) (with art. 5)
Modifications etc. (not altering text)
C1Ss. 111-114 modified (temp.) (15.9.2011) by The Postal Services Act 2011 (Commencement No. 1 and Transitional Provisions) Order 2011 (S.I. 2011/2329), art. 4
C2S. 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)