22   Half-holidays

(1)  Every bank on obtaining permission in writing of the Treasurer, and on giving the public notice hereinafter mentioned, may close the bank, or any branch of the bank, to business on any day after noon. The bank shall give public notice of such closing by advertisement published between the third and the fourteenth day before the day of such closing in at least two issues of some newspapers published and circulating in the neighbourhood of such bank or branch.

(2)  On any day on which any bank or branch may be closed under this section as aforesaid, no time after noon shall in respect of any business at such bank or branch be a reasonable hour within the meaning of the Bills of Exchange Act 1887, or shall be within banking or business hours within any law, practice, or custom relating to banks or bankers.

Editorial note. But see (Commonwealth) Bills of Exchange Act 1909, s 7 and First Schedule.