Return value of __exit__

I understand that

• __enter__ and __exit__ are used to implement a context manager.

• if an exception occurs in a with statement, the exception's type, value and traceback are passed to the __exit__ method.

• __exit__ can handle the exception:

  1. Returning True: the exception is gracefully handled.
  2. Returning anything else: the with statement raises the exception

I came across the following __exit__ method. Is the return statement redundant?

def __exit__(self, type, value, traceback):
    self.close()
    return type == None

since it seems to me that,

• If no exception occurred, type will naturally be None, so __exit__ returns true. Nothing is raised.
• If an exception did occur, type is set to the actual exception type, so __exit__ returns false. The exception is raised as is.