(1) The Bills of Exchange Act, 1882, is hereby amended:

(a) in section 2:

(i) by the insertion of the following definition after the definition of "Bill":

"'Business days' means those days which are not non-business days.",

(ii) by the insertion of the following definition after the definition of "Issue":

"'Non-business days' means -

(a) Saturday, except in a case and to the extent to which the proviso to the paragraph numbered (1) of section 14 of this Act applies,

(b) Sunday,

(c) such days as are public holidays, and

(d) where and to the extent that any direction under section 134 of the Central Bank Act, 1989, provides, such other day or days as so provided.",

and

(iii) by the insertion of the following definition after the definition of "Person":

"'Public holiday' has the same meaning as it has for the purposes of the Holidays (Employees) Act, 1973.",

(b) in section 14, by the substitution of the following paragraph for the paragraph numbered (1):