Document ID: chunk:federal_register_of_legislation:C2017C00074:section:17
Version: federal_register_of_legislation:C2017C00074
Segment Type: section
Provision Reference: s 17
Character Range: 19361–20002

17  Optional stipulations
 (1) The drawer of a cheque may, by an express stipulation written on the cheque, waive, as regards the drawer, the right to presentment of the cheque.
 (2) An indorser of a cheque may, by an express stipulation written on the cheque:
 (a) negative or limit the indorser's liability on the cheque; or
 (b) waive, as regards the indorser, the right to presentment of the cheque.
 (3) A stipulation written on a cheque, being a stipulation of the kind referred to in subsection (1), shall not be taken to affect the rights, duties and liabilities of the drawer and the drawee institution in relation to one another.