come. When the cause of the delay ceases to operate, protest must be made with reasonable diligence.
2.- Protest for dishonour by non-acceptance or by non-payment is dispensed with:
(a) If the drawer, an endorser or a guarantor has expressly waived protest; such waiver:
(i) If made on the instrument by the drawer, binds any
subsequent party and benefits any holder;
(ii) If made on the instrument by a party other than the
drawer, binds only that party but benefits any holder;
(iii) If made outside the instrument, binds only the party
making it and benefits only a holder in whose favour it was
made;
(b) If the cause of the delay in making protest referred to in paragraph 1 of this article continues to operate beyond thirty days after the date of dishonour;
(c) As regards the drawer of a bill, if the drawer and the drawee or the acceptor are the same person;
(d) If presentment for acceptance or for payment is dispensed with in accordance with article 52 or paragraph 2 of article 56.
Article 63
1.- If an instrument which must be protested for non-acceptance or for non-payment is not duly protested, the drawer, the endorsers and their guarantors are not liable on it.
2.- Failure to protest an instrument does not discharge the acceptor, the maker and their guarantors or the guarantor of the drawee of liability on it.
B. Notice of dishonour
Article 64
1.- The holder, upon dishonour of an instrument by non-acceptance or by non-payment, must give notice of such dishonour:
(a) To the drawer and the last endorser;
(b) To all other endorsers and guarantors whose addresses the holder can ascertain on the basis of information contained in the instrument.
2.- An endorser or a guarantor who receives notice must give notice of dishonour to the last party preceding him and liable on the instrument.
3.- Notice of dishonour operates for the benefit of any party who has a right of recourse on the instrument against the party notified.
Article 65
1.- Notice of dishonour may be given in any form whatever and in any terms which identify the instrument and state that it has been dishonoured. The return of the dishonoured instrument is sufficient notice, provided it is accompanied by a statement indicating that it has been dishonoured.
2.- Notice of dishonour is duly given if it is communicated or sent to the party to be notified by means appropriate in the circumstances, whether or not it is received by that party.
3.- The burden of proving that notice has been duly given rests upon the person who is required to give such notice.
Article 66
Notice of dishonour must be given within the two business days which follow:
(a) The day of protest or, if protest is dispensed with, the day of dishonour; or
(b) The day of receipt of notice of dishonour.
Article 67
1.- Delay in giving notice of dishonour is excused if the delay is caused by circumstances which are beyond the control of the person required to give notice, and which he could neither avoid nor overcome. When the cause of the delay ceases to operate, notice must be given with reasonable diligence.
2.- Notice of dishonour is dispensed with:
(a) If, after the exercise of reasonable diligence, notice cannot be given;
(b) If the drawer, an endorser or a guarantor has expressly waived notice of dishonour; such waiver:
(i) If made on the instrument by the drawer, binds any
subsequent party and benefits any holder;
(ii) If made on the instrumen
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