Decimal Currency Act 1969

13 Special modifications of Bills of Exchange Act 1882.U.K.

(1)The following days, namely 11th, 12th and 13th February 1971, shall be non-business days for the purposes of the M1Bills of Exchange Act 1882; but on those days—

(a)a cheque or other instrument to which section 4 of the M2Cheques Act 1957 applies may be presented by a banker (whether or not he is the person on whom it is drawn) to a banker for payment; and

(b)a banker to whom such a cheque or other instrument has at any time been so presented for payment may pay it and may debit the account of his customer with the amount thereof,

as if those days were business days.

(2)Notwithstanding anything in section 14 of the M3Bills of Exchange Act 1882, a bill of exchange or promissory note—

(a)shall be due and payable on 10th February 1971 if the last day of grace for it under that section falls on 11th or 12th February 1971; and

(b)shall be due and payable on 15th February 1971 if that last day of grace falls on 13th or 14th February 1971.

Marginal Citations