The drawer, an endorser or a guarantor may, by means of the clause “return without charge”, “without protest”, or any other equivalent clause, inscribed on the document and signed, exempt the bearer, in order to exercise his remedies, from having a protest drawn up.
This clause does not relieve the bearer of the obligation to present the cheque within the prescribed time or to give notice. The burden of proving that the time limit has not been observed lies with the person who relies on it against the bearer.
If the clause is entered by the drawer, it has effect in respect of all signatories; if it is entered by an endorser or guarantor, it has effect only in respect of that endorser or guarantor. If, notwithstanding the clause entered by the drawer, the bearer has the protest drawn up, the costs of doing so shall be borne by him. Where the clause originates from an endorser or guarantor, the costs of the protest, if one is drawn up, may be recovered from all the signatories.