Section 3: Not to open an account or demand cash payment in an unauthorised manner

While opening an account with a bank or financial institution or demanding cash payment, no one shall undertake the following acts:

¹(a) Opening an account by presenting a forged document or knowingly opening an account by presenting such document or depositing or causing to be deposited money in such account or withdrawing money from such account or assisting in such action or opening an account and withdrawing money using an electronic card or device,

(b) Open or allow to open an account in the name of a fictitious or other person or organisation, except otherwise permitted by the laws,

¹(c) Knowingly writing a check for which there is no balance in one’s account.

^{1Amended by the First Amendment.}