Contents of protest require specific formal elements for notarial protest, detailing instrument copy, parties, demand, dishonour particulars. Section 101 prescribes the formal contents of protest: the instrument or a literal transcript; identification of the parties for and against whom the protest is made; a record that payment, acceptance or better security was demanded by the notary public and any answer or absence of answer; the notary's subscription; particulars of place and time of dishonour and of any refusal of better security; and, where acceptance or payment for honour occurs, the names of persons involved and the manner of the transaction. Demands may be made in person, by clerk, or by registered letter when authorised.
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Contents of protest require specific formal elements for notarial protest, detailing instrument copy, parties, demand, dishonour particulars.
Section 101 prescribes the formal contents of protest: the instrument or a literal transcript; identification of the parties for and against whom the protest is made; a record that payment, acceptance or better security was demanded by the notary public and any answer or absence of answer; the notary's subscription; particulars of place and time of dishonour and of any refusal of better security; and, where acceptance or payment for honour occurs, the names of persons involved and the manner of the transaction. Demands may be made in person, by clerk, or by registered letter when authorised.
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