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Article 49
(1) The buyer may declare the contract avoided:
- if the failure by the seller to perform any of his
obligations under the contract or this Convention amounts to a fundamental
breach of contract; or
- in case of non-delivery, if the seller does not deliver the goods within
the additional period of time fixed by the buyer in accordance with paragraph
(1) of article 47 or declares that he will not
deliver within the period so fixed.
(2) However, in cases where the seller has delivered the goods, the buyer
loses the right to declare the contract avoided unless he does so:
- in respect of late delivery, within a reasonable time after
he has become aware that delivery has been made;
- in respect of any breach other than late delivery, within a reasonable
time:
- after he knew or ought to have known of the breach;
- after the expiration of any additional period of time fixed by the buyer in
accordance with paragraph (1) of article 47, or after
the seller has declared that he will not perform his obligations within such an
additional period; or
- after the expiration of any additional period of time indicated by the
seller in accordance with paragraph (2) of article 46
, or after the buyer has declared that he will not accept performance.
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