Define: Business Day
Monday to Friday (inclusive) except bank or public holidays in England;
Monday to Friday (inclusive) except bank or public holidays in England;.
Relevant Circumstances
- When deadlines under a contract must be calculated against working days
- If a defined Business Day excludes weekends, bank and public holidays
- Where City of London clearing-bank operations set the test
Relevant Sectors
any day other than a Saturday, Sunday or any other day which is a public holiday in the place or places at which the transaction in question is being effected or the notice in question is effected;.
a day on which the English clearing banks are ordinarily open for the transaction of normal banking business in the City of London (other than a Saturday or Sunday);.