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Bills of Exchange Act, 1964 (Act No. 34 of 1964)

Chapter I

Bills of exchange - form and interpretation

14. Optional stipulations by drawer or indorser

 

The drawer and any indorser of a bill may insert therein an express stipulation—

(a) negativing or limiting his own liability to the holder;
(b) waiving as regards himself some or all of the holder's duties.