This setting will simply remove the visibility of Public Holidays being shown on the Teams Schedule Board.
This can be configured through: Settings > General Config > Public Holidays in Scheduling.
Let's illustrate this with an example using Anzac Day on April 25th.
Head to Schedules > Teams page
Disabled

For staff members that does not have the Public Holiday color code, it means that their Work Schedule and/or the State where the staff is from are not yet setup from their profile.
Don't forget to SAVE changes.
Enabled

Note that this setting:
- Will not affect billing or payroll.
- Will not affect bookings suspended by Public Holidays
.