---
title: "Check a demand on an unconditional performance bond against the instrument"
url: "https://ailawframework.com/practice/banking-and-finance/check-a-demand-on-an-unconditional-performance-bond-against-the-instrume"
type: "task"
site: "AI Law Framework"
id: "A3-OC20261022-5"
practice_area: "Banking & Finance (Lending, Securities, Project Finance)"
tier: "red"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Check a demand on an unconditional performance bond against the instrument

> Extract the named beneficiary, the amount, the expiry and the words that say whether payment is on demand. The tool does not write the demand or any claim to correct the instrument.

Canonical page: https://ailawframework.com/practice/banking-and-finance/check-a-demand-on-an-unconditional-performance-bond-against-the-instrume  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Banking & Finance (Lending, Securities, Project Finance)](https://ailawframework.com/practice/banking-and-finance.md) |
| Human involvement | Red: Lawyer writes; AI may check, clarify or collect data |
| How AI is used | Extract the named beneficiary, the amount, the expiry and the words that say whether payment is on demand. The tool does not write the demand or any claim to correct the instrument. |
| What the lawyer must review | The lawyer decides whether the demand strictly complies, whether autonomy prevents a look at the underlying contract, and whether rectification is available. The lawyer writes any demand. |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Lawyer-led judgement**

The lawyer makes the substantive assessment. Any permitted AI assistance remains supporting work with its own checks.

- What the AI does: Extract the named beneficiary, the amount, the expiry and the words that say whether payment is on demand. The tool does not write the demand or any claim to correct the instrument.
- What the lawyer does: The lawyer decides whether the demand strictly complies, whether autonomy prevents a look at the underlying contract, and whether rectification is available. The lawyer writes any demand.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Practical workflow informed by the linked primary sources; the traffic light and working checks are editorial guidance, not a court classification.
- Why: The level reflects what the work is, the consequence of an error, and how much of the output the lawyer must independently re-derive.
- Restriction: The lawyer makes the substantive assessment. Any permitted AI assistance remains supporting work with its own checks.

## Checks the lawyer makes

1. Read the undertaking for the named beneficiary, the amount, the expiry and the demand words.
2. The lawyer applies autonomy and strict compliance. The extract does not construe a wrong name as the right party.
3. If the beneficiary named does not exist, the lawyer decides whether rectification for a common mistake is open. The tool does not.
4. The lawyer writes any demand. Nothing the tool writes is served on the bank.

## Notes

- These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

## Sources

- [High Court: Simic v New South Wales Land and Housing Corporation 2016 HCA 47](https://www.hcourt.gov.au/cases-and-judgments/judgments/judgments-1998-current/simic-v-new-south-wales-land-and-housing-corporation) (checked 2026-10-22)

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/banking-and-finance/check-a-demand-on-an-unconditional-performance-bond-against-the-instrume/united-states.md) | Red |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*