Report No. 11
69. Presentment.-
(1) Subject to the provisions of section 75, an instrument must, in order to make the parties thereto liable to the holder, be presented for payment in accordance with this Act.
[Section 64, para. I, part]
Exception.- Presentment for payment is not necessary in order to charge the maker of a note payable on demand and not payable at a specified place, or the acceptor of a bill.
(Section 64, Exc., modified)
(2) The provisions of this section are without prejudice to the provisions relating to presentment for acceptance in the case of a bill.