sec.20Closure on bank holidays

### sec.20 Closure on bank holidays The occupier of a banking or insurance office must close the office on the bank holidays prescribed under the Holidays Act 1983 . Section 98 of the Bills of Exchange Act 1909 (Cwlth) regulates the times within which certain dealings with a bill of exchange, cheque or promissory note may be conducted (e.g. payment and presentment). Under section 98 , if a dealing mentioned in the section falls due on Christmas Day, Good Friday, a Sunday, or a day prescribed by either Commonwealth or State legislation to be a bank holiday, the dealing may be conducted on the next business day. Section 5 of the Holidays Act 1983 declares every Saturday a bank holiday in Queensland. The effect of section 20 of this Act is to allow a bank to open for business on most Saturdays but, because Saturday remains a bank holiday, a bank is able to choose whether or not it will conduct the dealings mentioned in section 98 of the Bills of Exchange Act 1909 (Cwlth) on a Saturday. If any banking office or insurance office is not closed on a bank holiday prescribed by the Holidays Act 1983 , any person who authorised, directed or, except as an employee required by the person’s employer to do so, otherwise aided the failure to close is taken to have committed an offence against this Act and is liable to the prescribed penalty. Subsections (1) and (2) do not apply to— a bank in relation to a Saturday unless the Saturday— is a public holiday; or falls on 1 January, 26 January, 25 December or 26 December, regardless of whether another day has been substituted as a public holiday for the public holiday that ordinarily falls on the particular day; or a bank operating at an annual agricultural, horticultural or industrial show if a bank holiday occurs during the show. If a bank holiday is declared for a particular district, subsection (1) only applies to a banking or insurance office in the district on the bank holiday. s 20 amd 1995 No. 4 s 33 sch (sec.20-ssec.1) The occupier of a banking or insurance office must close the office on the bank holidays prescribed under the Holidays Act 1983 . Section 98 of the Bills of Exchange Act 1909 (Cwlth) regulates the times within which certain dealings with a bill of exchange, cheque or promissory note may be conducted (e.g. payment and presentment). Under section 98 , if a dealing mentioned in the section falls due on Christmas Day, Good Friday, a Sunday, or a day prescribed by either Commonwealth or State legislation to be a bank holiday, the dealing may be conducted on the next business day. Section 5 of the Holidays Act 1983 declares every Saturday a bank holiday in Queensland. The effect of section 20 of this Act is to allow a bank to open for business on most Saturdays but, because Saturday remains a bank holiday, a bank is able to choose whether or not it will conduct the dealings mentioned in section 98 of the Bills of Exchange Act 1909 (Cwlth) on a Saturday. (sec.20-ssec.2) If any banking office or insurance office is not closed on a bank holiday prescribed by the Holidays Act 1983 , any person who authorised, directed or, except as an employee required by the person’s employer to do so, otherwise aided the failure to close is taken to have committed an offence against this Act and is liable to the prescribed penalty. (sec.20-ssec.3) Subsections (1) and (2) do not apply to— a bank in relation to a Saturday unless the Saturday— is a public holiday; or falls on 1 January, 26 January, 25 December or 26 December, regardless of whether another day has been substituted as a public holiday for the public holiday that ordinarily falls on the particular day; or a bank operating at an annual agricultural, horticultural or industrial show if a bank holiday occurs during the show. (sec.20-ssec.4) If a bank holiday is declared for a particular district, subsection (1) only applies to a banking or insurance office in the district on the bank holiday. - 1 Section 98 of the Bills of Exchange Act 1909 (Cwlth) regulates the times within which certain dealings with a bill of exchange, cheque or promissory note may be conducted (e.g. payment and presentment). - 2 Under section 98 , if a dealing mentioned in the section falls due on Christmas Day, Good Friday, a Sunday, or a day prescribed by either Commonwealth or State legislation to be a bank holiday, the dealing may be conducted on the next business day. - 3 Section 5 of the Holidays Act 1983 declares every Saturday a bank holiday in Queensland. - 4 The effect of section 20 of this Act is to allow a bank to open for business on most Saturdays but, because Saturday remains a bank holiday, a bank is able to choose whether or not it will conduct the dealings mentioned in section 98 of the Bills of Exchange Act 1909 (Cwlth) on a Saturday. - (a) a bank in relation to a Saturday unless the Saturday— (i) is a public holiday; or (ii) falls on 1 January, 26 January, 25 December or 26 December, regardless of whether another day has been substituted as a public holiday for the public holiday that ordinarily falls on the particular day; or - (i) is a public holiday; or - (ii) falls on 1 January, 26 January, 25 December or 26 December, regardless of whether another day has been substituted as a public holiday for the public holiday that ordinarily falls on the particular day; or - (b) a bank operating at an annual agricultural, horticultural or industrial show if a bank holiday occurs during the show. - (i) is a public holiday; or - (ii) falls on 1 January, 26 January, 25 December or 26 December, regardless of whether another day has been substituted as a public holiday for the public holiday that ordinarily falls on the particular day; or