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But it is the lengthy interview with Gary Collyer, Chair of the UCP Drafting Group, that contains a more comprehensive critique of exclusions. Gary points out that "if you exclude a rule of the UCP, you have to put something back ... you have to insert language in the letter of credit to fill the void left by the exclusion."This reminds us of an old African proverb: "If you take from a man his tribal customs, you'd better have something of value to replace them."

Ron Katz
Editor