Bills of Exchange Ordinance

(1)
Where a bill has been protested for dishonour by non-acceptance or protested
                for better security, and is not overdue, any person, not being a party already
                liable thereon, may, with the consent of the holder, intervene and accept the bill
                    supr
à
protest, for the honour of any party liable thereon or for the honour of the person
                for whose account the bill is drawn.
(2)
A bill may be accepted for honour for part only of the sum for which it is
                drawn.
(3)
An acceptance for honour
                    supr
à
protest in order to be valid
must—
(a)
be written on the bill, and indicate that it is an acceptance for
                    honour;
(b)
be signed by the acceptor for honour.
(4)
Where an acceptance for honour does not expressly state for whose honour it is
                made, it is deemed to be an acceptance for the honour of the drawer.
(5)
Where a bill payable after sight is accepted for honour, its maturity is
                calculated from the date of the noting for non-acceptance, and not from the date of
                the acceptance for honour.
[cf. 1882 c. 61 s. 65 U.K.]