A century after the 1871 Act, the Banking and Financial Dealings Act 1971, which currently regulates bank holidays in the UK, was passed. The majority of the current bank holidays were specified in the 1971 Act: however New Year's Day and May Day were not introduced throughout the whole of the UK until 1974 and 1978 respectively. The date of the August bank holiday was changed from the first Monday in August to the last Monday in August, and the Whitsun bank holiday (Whit Monday) was replaced by the Late Spring Bank Holiday, fixed as the last Monday in May. In 1978 the first Monday in May in the rest of the UK, and the final Monday of May in Scotland, were designated as bank holidays.
Answer this question, making sure that the answer is supposed by the text: did august bank holiday used to be at the beginning of august?
yes