Section 48: Notice of protest and effect of non-notice
consolidated text (as at 2011, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
48. Notice of protest and effect of non-notice
(1) Where a bill has been protested for non-acceptance or non-payment,
notice of the protest shall be given to the drawer and each indorser, and any
drawer or indorser to whom notice is not given is discharged if any prejudice
has been caused by the holder’s failure to perform his duties and then only
to the extent of the loss suffered.
(2) Where a bill is dishonoured by non-acceptance and notice of protest
is not given, the rights of a holder in due course, subsequent to the omission, shall not be prejudiced by the omission.
continued on page B7 – 19
B7 – 18 (1) [Issue 4]
Revised Laws of Mauritius