On 6 November, Enderby was to see Kerr to give him a legal opinion regarding the Government's alternative plans in case supply ran out (vouchers were to be issued instead of cheques, to be redeemed from banks after the crisis ended), and decided to present Kerr with the rebuttal to Ellicott.
According to the Cheque and Credit Clearing Company, the number of cheques written by individuals has dropped by 47% in six years.
Last summer, California even had to issue IOUs in lieu of cheques to its creditors.
The RGDP is the real gross domestic product, TT is the total value of telegraphic transfer, CP is the total value of card payment transaction, EM is the total value of purchases done through electronic money, and Che is the total value of cheques issued for the purchase of goods and services.
The circulation of the 2008 bearer cheque series commenced on 18 January 2008 with three denominations ranging from $1 million to $10 million, and concluded with the issue of the $500 million bearer cheque on 15 May 2008.
The company planned to issue refund cheques through the Speedway ticket office for the price of all tickets for the race by the end of September.
The use of cheques fell by 4%.
The use of cheques is declining fast.
Some of her allegations are supported by photocopies of cheques.
And lots of cheques bounce, producing plenty in penalty fees.
The use of cheques has been declining for years.
