(a) Definitions. The definitions in Sec. 229.2 apply to this section, unless otherwise noted. In addition, for the purposes of this section--
(1) Pacific island bank means an office of an institution that would be a bank as defined in Sec. 229.2(e) but for the fact that the office is located in Guam, American Samoa, or the Northern Mariana Islands;
(2) Pacific island check means a demand draft drawn on or payable through or at a Pacific island bank, which is not a check as defined in Sec. 229.2(k).
(b) Rules applicable to Pacific island checks. To the extent a bank handles a Pacific island check as if it were a check defined in Sec. 229.2(k), the bank is subject to the following sections of this part (and the word ``check'' in each such section is construed to include a Pacific island check)--
(1) Sec. 229.31, except that the returning bank is not subject to the requirement to return a Pacific island check in an expeditious manner;
(2) Sec. 229.32;
(3) Sec. 229.34(c)(2), (c)(3), (d), (e), and (f);
(4) Sec. 229.35; for purposes of Sec. 229.35(c), the Pacific island bank is deemed to be a bank;
(5) Sec. 229.36(d);
(6) Sec. 229.37;
(7) Sec. 229.38(a) and (c) through (h);
(8) Sec. 229.39(a), (b), (c) and (e); and
(9) Secs. 229.40 through 229.42. [Reg. CC, 62 FR 13810, Mar. 24, 1997, as amended at 70 FR 71225, Nov. 28, 2005]