Penal Code · English · 2015
Article 349
Issuing or Passing of Bad Cheque
(1)
A person who issues or passes a cheque for the payment of money, knowing that it will not be honored by the drawee,
#is guilty of fraudulently issuing or passing a bad cheque, a Class 1 petty offence, punishable with a definite term of imprisonment of not less than 6 months and not more than 12 months, or a fine of 20,001 – 50,000 Nakfas, to be set in intervals of 2,500 Nakfas.
#(2)
For purposes of this Article, a Court may find that an issuer or endorser knew that the cheque would not be paid where:
#(c)
the issuer, intended at the time of issuance to stop payment, and in fact, subsequently instructed the drawee to stop payment.
#