Singapore legislation
Clause 55
of Banking Bill
Clause 55
Declaration of holidays
(1)
The Minister may, at any time by notice in the Gazette, declare any day or days to be a bank holiday or holidays.
(2)
No bank shall do any business with the public on any day declared a bank holiday under the provisions of subsection (1) of this section.
(3)
A bank holiday declared under the provisions of subsection (1) of this section shall not necessarily be a public holiday and nothing in this section shall be deemed to affect the provisions of any written law which may from time to time be in force in Singapore relating to public holidays.
(4)
Any reference to a bank holiday in any written law which may from time to time be in force in Singapore shall include any day declared to be a bank holiday under the provisions of this section and any day which is a public holiday within the meaning of any written law which may be in force in Singapore relating to public holidays.