Explanatory Notes

Scotland Act 1998

1998 CHAPTER 46

19th November 1998

Schedules

Schedule 5.

Part II: Preliminary paragraphs

Head A: Financial and Economic Matters

Section A3: Financial Services
Details of Provisions
Exception

The subject-matter of section 1 of the Banking and Financial Dealings Act 1971 is excepted from the reservation.

Section 1 of the 1971 Act deals with the fixing of bank holidays.  The Scottish Parliament is able to legislate to fix what are bank holidays in Scotland.  A further exception in this regard is made from section 1.5.