Words in s. 52(4) inserted (26.3.2015, 31.7.2016 in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), ss. 13(3), 164(4)
When a bill is accepted generally presentment for payment is not necessary in order to render the acceptor liable.
When by the terms of a qualified acceptance presentment for payment is required, the acceptor, in the absence of an express stipulation to that effect, is not discharged by the omission to present the bill for payment on the day that it matures.
In order to render the acceptor of a bill liable it is not necessary to protest it, or that notice of dishonour should be given to him.