Hong Kong Ordinances

BILLS OF EXCHANGE ORDINANCE - SECT 67

Presentment to acceptor for honour

(1) Where a dishonoured bill has been accepted for honour supra 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 the bill 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 is dishonoured by the acceptor for honour, it must be
protested for non-payment by him. [cf. 1882 c. 61 s. 67 U.K.]