Innovations in the reform of the law on the issuance of checks and its legal gaps

 Checks as a means of cash payment, of course, in many cases as a tool for promising payments, is very popular with individuals, so it is used in many transactions, whether commercial or non-commercial and based on this, it is logical that more than any other issue, it has been considered by the legislator and, of course, it has been tested and made many mistakes.

 This research is of theoretical type and the research method is descriptive-analytical and the method of data collection is library and has been done by referring to documents, books and articles.

 The new law provides banks with various obligations in relation to checks. In order to fulfill these obligations, there are gaps such as ambiguity in removing the effects of checks, ambiguity in the concept of damages to third parties.

Ethical considerations: 

In order to organize this research, while observing the authenticity of the texts, honesty and fidelity have been observed.

The new law has more dynamism and better adaptation to the real conditions of the society than the previous amendments to the check law, and there is a capacity for the gaps in this law to be clarified in the form of its executive regulations with details, and to be used by stakeholders.