The Bearer of the Cheque reserves the right to have recourse against the Drawer even if they did not present the Cheque to the Drawee or did not make a protest or did not take an action to the same effect within the legal time limit, unless the Drawer provided funds for payment and such funds for payment remained with the Drawee until the expiry of the time limit for presenting the Cheque, then such funds for payment disappeared due to an act not attributed to the Drawer.
Interpretation and application must be checked against the official text and current version.