for every £100, and also for any fractional part of £100, of such amount or value, . 0 10 EXEMPTIONS. (1.) Bill or note issued by the Governor and Company of the Bank of England or Bank of Ireland. (2.) Draft or order drawn by any banker in the United Kingdom upon any other banker in the United Kingdom, not payable to bearer or to order, and used solely for the purpose of settling or clearing any account between such bankers. (3.) Letter written by a banker in the United Kingdom to any other banker in the United Kingdom, directing the payment of any sum of money, the same not being payable to bearer or to order, and such letter not being sent or delivered to the person to whom payment is to be made, or to any person on his behalf. (4.) Letter of credit granted in the United King- the United Kingdom payable in the United (5.) Draft or order drawn by the Accountant- (6.) Warrant or order for the payment of any annuity granted by the Commissioners for the Reduction of the National Debt, or for the payment of any dividend or interest (7.) Bill drawn by the Lords Commissioners of (8.) Bill drawn (according to a form prescribed (9.) Coupon or warrant for interest attached to And see sections 48, 49, 50, 51, 52, 53, 54, and 55. DRAFTS for money. See BILL OF EXCHANGE, and section 48. PROMISSORY NOTE. See BANK NOTE, BILL OF EXCHANGE, and section 49. PROTEST of any bill of exchange or promissory note: exceed 1s. In any other case, And see section 116. 34 Vict. cap. 17. The same duty as the bill or note. 0 1 0 An Act to make provision for Bank Holidays, and respecting obligations to make payments and do other Acts on such Bank Holidays.[25th May, 1871.] WHEREAS it is expedient to make provision for rendering the day after Christmas Day, and also certain other days, bank holidays, and for enabling bank holidays to be appointed by royal proclamation: * See 35 & 36 Vict. c. 20, § 7. Bills due on bank holidays to be payable on the following day. Provision as to notice of dishonour and presentation for honour. As to any payments on bank holidays. Appointment of special bank holidays by royal proclamation. Be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows: 1. After the passing of this Act, the several days in the schedule to this Act mentioned (and which days are in this Act hereinafter referred to as bank holidays) shall be kept as close holidays in all banks in England and Ireland and Scotland respectively, and all bills of exchange and promissory notes which are due and payable on any such bank holiday shall be payable, and in case of non-payment may be noted and protested, on the next following day, and not on such bank holiday; and any such noting or protest shall be as valid as if made on the day on which the bill or note was made due and payable; and for all the purposes of this Act the day next following a bank holiday shall mean the next following day on which a bill of exchange may be lawfully noted or protested. 2. When the day on which any notice of dishonour of an unpaid bill of exchange or promissory note should be given, or when the day on which a bill of exchange or promissory note should be presented or received for acceptance, or accepted or forwarded to any referee or referees is a bank holiday, such notice of dishonour shall be given and such bill of exchange or promissory note shall be presented or forwarded on the day next following such bank holiday. 3. No person shall be compellable to make any payment or to do any act upon such bank holidays which he would not be compellable to do or make on Christmas Day or Good Friday; and the obligation to make such payment and do such act shall apply to the day following such bank holiday; and the making of such payment and doing such act on such following day shall be equivalent to payment of the money or performance of the act on the holiday. 4. It shall be lawful for Her Majesty, from time to time, as to Her Majesty may seem fit, by proclamation, in the manner in which solemn fasts or days of public thanksgiving may be appointed, to appoint a special day to be observed as a bank holiday, either throughout the United Kingdom or in any part thereof, or in any county, city, borough, or district therein, and any day so appointed shall be kept as a close holiday in all banks within the locality mentioned in such proclamation, and shall, as regards bills of exchange and promissory notes payable in such locality, be deemed to be a bank holiday for all the purposes of this Act. for bank holi Order in 5. It shall be lawful for Her Majesty in like manner, from time Day appointed to time, when it is made to appear to Her Majesty in council in day may be any special case that in any year it is inexpedient that a day by altered by this Act appointed for a bank holiday should be a bank holiday, Council. to declare that such day shall not in such year be a bank holiday, and to appoint such other day as to Her Majesty in council may seem fit to be a bank holiday instead of such day, and thereupon the day so appointed shall in such year be substituted for the day so appointed by this Act. 6. The powers conferred by sections three and four of this Act Exercise of on Her Majesty may be exercised in Ireland, so far as relates to powers conferred by secthat part of the United Kingdom, by the Lord Lieutenant of tions 4 and 5 Ireland in council. 7. This Act may be cited for all purposes as Holidays Act, 1871." "The Bank in Ireland by If either of the above days falls on a Sunday, the next following Monday shall be a bank holiday. Good Friday. The first Monday of May. The first Monday of August. 35 & 36 Vict. cap. 20. An Act to grant certain Duties of Customs and Inland Revenue, and to alter other Duties.-[27th June, 1872.] 7. So much of the Stamp Act, 1870, as limits the exemption When 26th on a Sunday, from stamp duty of bills of exchange drawn by the Lords Commissioners of the Admiralty, or by any person under their authority upon, and payable by the Accountant-General of the Navy to bills drawn under the authority of any Act of Parliament is hereby repealed. 38 Vict. cap. 13. An Act to extend to the Docks, Custom Houses, Inland Revenue Offices, and Bonding Warehouses in England and Ireland, certain provisions of the Bank Holidays Act, 1871, and to amend the same.-[13th May, 1875.] 2. Whenever the twenty-sixth day of December shall fall on a Sunday, the Monday immediately following that is to say, the twenty-seventh day of December shall be a holiday under this Act, and also under the Bank Holidays Act, 1871. 40 & 41 Vict. cap. 59. An Act to amend the law with respect to the transfer of Stock forming part of the Public Debt of any Colony, and the Stamp Duty on such transfer.-[14th August, 1877.] Stock certificate to bearer. There shall be attached to such certificate (i.e., a Colonial stock certificate), coupons entitling the bearer of, or person named in the coupons, to the dividends on the stock for a limited period. * * * * * A coupon so issued shall be deemed to be a cheque on a banker within the meaning of any law or enactment for the time being in force relating to cheques other than any enactment relating to stamp duties. [FORMS. |