Marginal note:Thing done in good faith

3. A thing is deemed to be done in good faith, within the meaning of this Act, where it is in fact done honestly, whether it is done negligently or not.

Marginal note:Signature

4. Where, by this Act, any instrument or writing is required to be signed by any person, it is not necessary that he should sign it with his own hand, but it is sufficient if his signature is written thereon by some other person by or under his authority.

Marginal note:What required of corporation

5. In the case of a corporation, where, by this Act, any instrument or writing is required to be signed, it is sufficient if the instrument or writing is duly sealed with the corporate seal, but nothing in this section shall be construed as requiring the bill or note of a corporation to be under seal.

Marginal note:Computation of time

• 6. (1) Where, by this Act, the time limited for doing any act or thing is less than three days, in reckoning time, non-business days are excluded.

• Marginal note:Saturdays

  (2) In all matters relating to bills or notes,

  • (a) if the time for doing any act or thing expires or falls on a Saturday, that time is deemed to expire or fall, as the case may be, on the next following business day;

  • (b) a bill or note payable on demand cannot be duly presented for acceptance or payment on a Saturday; and

  • (c) failure to do any act or thing on a Saturday does not give rise to any rights.

• Marginal note:Cheques

  (3) Notwithstanding any other provision of this Act, a cheque may be presented and paid on a Saturday or a non-juridical day if the drawee is open for business at the time of the presentment and the presentment in all other respects is in accordance with this Act, and the non-acceptance or non-payment of a cheque so presented gives rise to the same rights as though it had been presented on a business day other than a Saturday.

• Marginal note:Where bank not open for business

  (4) In all matters relating to bills or notes, notwithstanding any other provision of this Act, if a branch of a bank carrying on business is not open for business on a business day

  • (a) the time for doing any act or thing at the branch, if the time expires or falls on that day, is deemed to expire or fall, as the case may be, on the next following business day on which the branch is open for business;

  • (b) a bill or note payable on demand cannot be duly presented for acceptance or payment at the branch on that day; and

  • (c) failure to do any act or thing by reason of the branch not being open for business on that day does not give rise to any rights.