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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

 

 

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.