Singapore legislation

Clause 4

of Bills of Exchange (Amendment) Bill

Clause 4

Repeal and re-enactment of section 92

Section 92 of the Ordinance is hereby repealed and the following substituted therefor: —“Computation of time92.—

(1)

Where, by this Ordinance, the time limited for doing any act or thing is less than three days, in reckoning time non-business days shall be excluded.(2) “Non-business days” for the purpose of this Ordinance means —

(a)

Sundays;

(b)

bank or public holidays; and

(c)

in the case of bills other than Singapore bills or bills prescribed by the Minister under sub-paragraph (i) of the proviso to paragraph (a) of section 14 of this Act, Saturday.(3) Any other day is a business day.”.