Chapter VII
                            
                            
                        
                    
                    
                        
                            
                            OF DISCHARGE FROM LIABILITY ON NOTES, BILLS AND CHEQUES
                            
                            
                        
                    
                 
            
            
                
                
            
            
                
                    
                    
                    
                    
                    
                    
                    
                        
                        
                        
	Alteration by indorsee
                        
                        
                    
                
            
            
                
                	and any such alteration, if made by an indorsee, discharges his indorser from all liability to him in respect of the consideration thereof.
 
 
 
 
	The provisions of this section are subject to those of sections 20, 49, 86 and 125.
                
                
                
                
                
                
            
 
        
        
            
        
        
        
        
    
    
    
        
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        Ministry of Law, Justice and Parliamentary Affairs