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Discussions Trans-Lex Administrative Information Document-ID: 934000 [click here to copy citation to clipboard] Please Cite as: "http://www.trans-lex.org/934000". Social Networks
No. IV.2.5 - Holidays and non-business daysIf a notice, letter or other communication cannot be delivered at the address of the addressee on the last day of a period set by law or contractual stipulation because that day falls on an official holiday or non-business day at the place of business of the addressee, the period is extended until the first business day which follows. Trans-Lex Commentary [open]Please click below for (full) text references [doctrine] [national legislation] [international legislation] [arbitration rules]There are no Threads related to this document. Open one by yourself. |
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Please cite as: "Commentary to Trans-Lex Principle No. IV.2.5 - Holidays and non-business days, http://www.trans-lex.org/934000"
The Principle is a natural consequence of the fact that holidays or non-business days are non-working days while time periods set by law or contract relate to working days because the act required from one party to be performed within that period can only be performed in his or her professional capacity.