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of <h1>Notice Required for Parties on Dishonoured Notes or Cheques, Except for Maker or Drawee.</h1> When a promissory note, bill of exchange, or cheque is dishonoured due to non-acceptance or non-payment, the holder or any liable party must notify all other parties they intend to hold severally liable, and at least one party they intend to hold jointly liable. Notice is not required for the maker of the dishonoured promissory note or the drawee or acceptor of the dishonoured bill or cheque.
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