Corporations Act 2001

CHAPTER 1 - INTRODUCTORY  

PART 1.2 - INTERPRETATION  

Division 8 - Miscellaneous interpretation rules  

SECTION 105   CALCULATION OF TIME  

105(1)    
A period of time referred to in the Corporations legislation, or an instrument made under the Corporations legislation, dating from a given day, act or event, is to be calculated exclusive of such day or of the day of such act or event.

105(2)    
Without limiting subsection (1) , in calculating how many days a particular day, act or event is before or after another day, act or event:

(a)    the first-mentioned day, or the day of the first-mentioned act or event, is to be counted; and

(b)    the other day, or the day of the other act or event, is not to be counted.

105(3)    
If:

(a)    the Corporations legislation, or an instrument made under the Corporations legislation, requires or allows a thing to be done within a specified period; and

(b)    the last day of the period is not a business day in the place where the thing must or may be done;

then the thing may instead be done on the next day that is a business day in that place.