Malaysia legislation
Section 94
Section 94
(2)
In applying those provisions the maker of a note shall be deemed to correspond with the acceptor of a bill, and the first indorser of a note shall be deemed to correspond with the drawer of an accepted bill payable to drawer’s order.
Bills of Exchange 57
(3)
The following provisions as to bills do not apply to notes, namely, provisions relating to—
(a)
presentment for acceptance;
(b)
acceptance;
(c)
acceptance supra protest;
(d)
bills in a set.
(4)
Where a foreign note is dishonoured, protest thereof is unnecessary.