Notice of dishonour and effect of non-notice

Subject to the provisions of this Act, when a bill has been dishonoured by non-acceptance or by non-payment, notice of dishonour must be given to the drawer and each endorser, and any drawer and endorser to whom such notice is not given is discharged: Provided that, (a) where a bill is dishonoured by non- acceptance and notice of dishonour is not given, the rights of a holder in due course subsequent to the omission, shall not be prejudiced by the omission; 33 (b) where a bill is dishonoured by non- acceptance, and due notice of dishonour is given, it shall not be necessary to give notice of a subsequent dishonour by non-payment unless the bill has in the meantime been accepted.