Bare ActsHigh Denomination Bank Notes (Demonetisation) Act, 1978

Section 9

Closing of banks and Government treasuries.--

Amendment status not verified — confirm the current text below against the official source.

(1) All banks and Government treasuries shall be closed on the 17th day of January, 1978 for the transaction of all business except the preparation and presentation or, as the case may be, receipt of the returns referred to in Section 5. (2) Subject to the provisions of sub-section (1), the 17th day of January, 1978 shall, for the purposes of the Negotiable Instrument's Act, 1881 (26 of 1881), be deemed to be a public holiday notified under that Act.

Section 9 – High Denomination Bank Notes (Demonetisation) Act, 1978 | DailyLaw.ai