Explanatory Notes

Companies Act 2006

2006 CHAPTER 46

8 November 2006

Existing Law

Supplementary

Chapter 7: Supplementary Provisions
Section 360: Computation of periods of notice etc: clear day rule

609.This is a new provision to ensure clarity and consistency in the calculation of time periods in relation to meetings and resolutions under Part 13. The section provides that in calculating periods of notice, or periods before a meeting by which a request must be received or sum deposited or tendered, the following are to be excluded –