Part VII Miscellaneous and supplementary
Postal and money orders
I1C2113 Recoupment of losses on wrongly paid money orders.
1
Subsection (2) applies where—
C1a
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.