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Cabinet endorses removing criminal liability from writing bad cheques

Cabinet endorses removing criminal liability from writing bad cheques

23 Sept 06:18 Key points summarised by AI
  • The Cabinet approved a bill to amend the Cheque Act, decriminalizing the issuance of bad cheques in most circumstances, aligning with constitutional principles against imprisonment for debt default.
  • The Thai Bankers Association (TBA) agrees with decriminalization but proposes retaining criminal liability for cases of dishonest intent and suggests alternative punitive actions like increased fines or prohibiting cheque issuance for up to three years for proven non-payment.
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