S.I. No. 292/1954 - Banks (Closing) Order, 1954.

S.I. No. 292 of 1954.


The Government, in exercise of the powers conferred on them by section 2 of the Supplies and Services (Temporary Provisions) Act, 1946 (No. 22 of 1946), hereby order as follows :—

1. This Order may be cited as the Banks (Closing) Order, 1954.

2. Every bank in the State is hereby permitted to close on the following days, namely, the 28th and 29th days of December, 1954, and the 3rd day of January, 1955, and shall, in respect of a closing under this permission on any such day, enjoy the same immunities as if that day were a bank holiday throughout the State.

3. Where a bank or any office of a bank opens on any of those days for the undertaking of particular banking transactions only, the bank shall not thereby be deprived of the immunities conferred by Article 2 in respect of any other banking transactions.

GIVEN under the Official Seal of the Government, this 23rd day of December, 1954.