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BILLS OF EXCHANGE ACT 1882 - SECT 67

Presentment to acceptor for honour.

67.(1) Where a dishonoured bill has been accepted for honour supra0 protest,
or contains a reference in case of need, it must be protested for non-payment
before it is presented for payment to the acceptor for honour, or referee in
case of need.

(2) Where the address of the acceptor for honour is in the same place where
the bill is protested for non-payment, the bill must be presented to him not
later than the day following its maturity; and where the address of the
acceptor for honour is in some place other than the place where it was
protested for non-payment, the bill must be forwarded not later than the day
following its maturity for presentment to him.

(3) Delay in presentment or non-presentment is excused by any circumstance
which would excuse delay in presentment for payment or non-presentment for
payment.

(4) When a bill of exchange is dishonoured by the acceptor for honour it must
be protested for non-payment by him.

© 1882 Crown Copyright

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