What does 'clear days' mean in calculating notice periods for a general meeting?

Prepare for the SQE Stage 1 FLK 1 Exam. Utilize flashcards and multiple-choice questions, each offering hints and explanations. Ace your examination!

Multiple Choice

What does 'clear days' mean in calculating notice periods for a general meeting?

Explanation:
Clear days are the days counted in the notice period excluding the day the notice is issued and the day of the meeting. In other words, you start counting the day after the notice is served and you stop the day before the meeting. Weekends and holidays are included in the count unless the rule or the notice specifically says to count only business days. For example, if notice goes out on Monday for a meeting on Thursday, the clear days are Tuesday and Wednesday (two days). This matches the idea of excluding the notice day and the meeting day, while counting all intervening days.

Clear days are the days counted in the notice period excluding the day the notice is issued and the day of the meeting. In other words, you start counting the day after the notice is served and you stop the day before the meeting. Weekends and holidays are included in the count unless the rule or the notice specifically says to count only business days. For example, if notice goes out on Monday for a meeting on Thursday, the clear days are Tuesday and Wednesday (two days). This matches the idea of excluding the notice day and the meeting day, while counting all intervening days.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy