Companies Act, 1973 (Act No. 61 of 1973)

The Securities Regulation Code on Takeovers and Mergers

The Code

Section B. Definitions

4. Calculation of Time

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Unless otherwise determined in the Code where a period of time is calculated from a stated event, the day on which that event occurs shall be excluded from the calculation of the period. If any day prescribed for any purpose falls on a day which is not a business day then the day prescribed shall be the next business day.