Revised Check Law to Come Into Force in Phases, CBI Says

The new law governing check transactions will be implemented in phases to facilitate a smooth transition, the Central Bank of Iran said. 
Groundwork for executing the check law is ready, the CBI public relations website said, adding that the gradual process would “minimize the challenges and possible negative impact on businesses.” 
It was announced earlier that the new check law would be enforced on Dec.12. But the CBI apparently prefers a phased out procedure on the premise that the public is not yet prepared to adjust with the new rules.