Bounced Checks Law (Amendment – Easing Account Restrictions) Bill
Translated from Hebrew: הצעת חוק שיקים ללא כיסוי (תיקון - הקלות בהגבלת חשבון)
TL;DRThe bill raises the number of bounced checks required to restrict a bank account from ten to sixteen, and allows the restriction to be canceled in special circumstances.
Translated from Hebrew
What does the bill do?
The bill changes the Checks Without Cover Law (1981) in two ways: first, it raises the threshold of bounced checks that triggers an account restriction from ten to sixteen checks within a one-year period. Second, it adds a section allowing the holder of a restricted account to ask a court to cancel the restriction if there are special circumstances that justify it, in which the harm to the customer is not justified. The bill concerns small account holders and self-employed people who were harmed following an economic crisis.
The votes on this bill
Coalition 64 seats
Opposition 56 seats
Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown