Print

27/07/2024
Laws of Bangladesh

The Negotiable Instruments Act, 1881

( ACT NO. XXVI OF 1881 )

Chapter II

OF NOTES, BILLS AND CHEQUES

When day of maturity is a holiday
25. When the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed to be due on the next preceding business day.
 
 
 
 
Explanation - The expression “public holiday” includes Sundays and the days declared by the Government, by notification in the official Gazette, to be public holidays.
 
 

Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs