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
Purchase
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.