How does a weekend or statutory holiday affect the 24-hour cooling-off period of a lease agreement?
Section 25 of the Interpretation Act addresses the affect a holiday or weekend may have on the 24-hour period: Section 25(2) If the time for doing an act falls or expires on a holiday, the time is extended to the next day that is not a holiday. Section 25(3) If the time for doing an act in a business office falls or expires on a day when the office is not open during regular business hours, the time is extended to the next day that the office is open.
