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Banking and Financial Dealings Act 1971

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4 Consequential and supplementary.E+W+S+N.I.

(1)Except as otherwise provided by this Act, in any enactment or instrument passed or made before the coming into force of this section (including an enactment of the Parliament of Northern Ireland or instrument having effect under such an enactment) any reference to a bank holiday under the M1Bank Holidays Act 1871 or a holiday under the M2Holidays Extension Act 1875 shall have effect as a reference to a bank holiday under this Act.

(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

(3)An order under section 2 above may be made with respect to a bank holiday or other day which is a non-business day for the purposes of the enactments relating to bills of exchange and promissory notes or with respect to a business day; but if a day specified under section 2(1) is otherwise a business day for those purposes, the order may declare it a non-business day.

(4)Accordingly in section 92 of the M3Bills of Exchange Act 1882, in the definition of “non-business days”, for the words “the M4 Bank Holidays Act 1871 or Acts amending it” in paragraph (b) there shall be substituted the words “the Banking and Financial Dealings Act 1971”, and there shall be added as a new paragraph (d):—

(d)a day declared by an order under section 2 of the Banking and Financial Dealings Act 1971 to be a non-business day.

(5)The enactments mentioned in Schedule 2 to this Act (which includes in Part I certain enactments already obsolete or unnecessary apart from this Act) are hereby repealed to the extent specified in column 3 of that Schedule.

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C1The text of s. 4(4)(5) is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991.

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