TNAG-2522-FCO40-3681-Application-of-United-Nations-conventions-to-Hong-Kong-1992 — Page 44

ANNEX II

PROTOCOL AMENDING THE CONVENTION ON THE LIMITATION

PERIOD IN THE INTERNATIONAL SALE OF GOODS

THE STATES PARTIES to this Protocol,

CONSIDERING that international trade is an important factor in the promotion of friendly relations amongst States,

BELIEVING that the adoption of uniform rules governing the limitation period in the international sale of goods would facilitate the development of world trade, CONSIDERING that amending the Convention on the Limitation Period in the International Sale of Goods, concluded at New York on 14 June 1974 (the 1974 Limitation Convention), to conform to the United Nations Convention on Contracts for the International Sale of Goods, concluded at Vienna on 11 April 1980 (the 1980 Sales Convention), would promote the adoption of the uniform rules governing the limitation period contained in the 1974 Limitation Convention,

HAVE AGREED to amend the 1974 Limitation Convention as follows:

Article I

(1) Paragraph 1 of article 3 is replaced by the following provisions:

*1. This Convention shall apply only

(a) if, at the time of the conclusion of the contract, the places of

business of the parties to a contract of international sale of goods are in Contracting States; or

(b)

if the rules of private international law nake the law of a Contracting State applicable to the contract of sale."

(2) Paragraph 2 of article 3 is deleted.

(3) Paragraph 3 of article 3 ia renumbered as paragraph 2.