isions are also applicable to a promissory note: The provisions concerning a bill of exchange payable at the address of a third party or in a locality other than that of the domicile of the drawee (Articles 4 and 27); stipulation for interest (Article 5); discrepancies as regards the sum payable (Article 6); the consequences of signature under the conditions mentioned in Article 7, the consequences of signature by a person who acts without authority or who exceeds his authority (Article 8); and provisions concerning a bill of exchange in blank (Article 10).
The following provisions are also applicable to a promissory note: Provisions relating to guarantee by aval (Articles 30 - 32); in the case provided for in Article 31, last paragraph, if the aval does not specify on whose behalf it has been given, it is deemed to have been given on behalf of the maker of the promissory note.
Article 78
The maker of a promissory note is bound in the same manner as an acceptor of a bill of exchange.
Promissory notes payable at a certain time after sight must be presented for the visa of the maker within the limits of time fixed by Article 23. The limit of time runs from the date of the visa signed by the maker on the note. The refusal of the maker to give his visa with the date thereon must be authenticated by a protest (Article 25), the date of which marks the commencement of the period of time after sight.
Annex II
Article 1
Each of the High Contracting Parties may stipulate that the obligation to insert in bills of exchange issued in its territory the term "bill of exchange", as laid down in Article 1,1 of the Uniform Law, shall not apply until six months after the entry into force of the present Convention.
Article 2
Each of the High Contracting Parties has, as regards undertakings entered into in respect of bills of exchange in its own territory, the right to determine in what manner an actual signature may be replaced by an authentic declaration written on the bill which evidences the consent of the party who should have signed.
Article 3
Each of the High Contracting Parties reserves the right not to embody Article 10 of the Uniform Law in its national law.
Article 4
By way of derogation from Article 31, paragraph 1, of the Uniform Law, each of the High Contracting Parties shall have the right to decide that an aval may be given in its territory by a separate instrument specifying the place in which the instrument has been executed.
Article 5
Each of the High Contracting Parties may supplement Article 38 of the Uniform Law so as to provide that the holder of a bill of exchange payable in its territory shall be obliged to present it on the actual day of maturity. Failure to comply with this obligation may only give rise to a right to damages.
The other High Contracting Parties shall have the right to determine the conditions subject to which such obligation will be recognised by them.
Article 6
For the purpose of giving effect to the last paragraph of Article 38 of the Uniform Law, each of the High Contracting Parties shall determine the institutions which, according to its national law, are to be regarded as clearing-houses.
Article 7
Each of the High Contracting Parties shall have the right, if it deems fit, in exceptional circumstances connected with the rate of exchange in such State, to derogate from the stipulation contained in Article 41 for effective payment in foreign currency as regards bills of exchange payable in its territory. The above rule may also be applied as regards the issue in the na
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