Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

¹ Where in­terest or oth­er peri­od­ic pay­ments are due, a cred­it­or un­re­servedly is­su­ing a re­ceipt for a later peri­od­ic pay­ment is pre­sumed to have re­ceived all pre­vi­ous peri­od­ic pay­ments.

² If he is­sues a re­ceipt for re­demp­tion of the debt prin­cip­al, he is pre­sumed to have re­ceived the in­terest.

³ The re­turn of the bor­row­er’s note to the debt­or gives rise to a pre­sump­tion that the debt has been re­deemed.