Abstract

The article refers to the problem of counting the time limits for the provision of confidential and current information (Art. 56 of the Act on Public Offering) and notification on reaching the total number of votes in a public company (Art. 69 of the Act on Public Offering). The provisions of the Act on Public Offering as well as other laws are not sufficient to resolve this issue. The problem may be resolved only basing on the attainments of the doctrine and judicature which allow for assuming that those time limits are of a substantive nature. This, in turn, makes it possible to make a correct calculation of those time limits, including answering the questions: How the situation when the end of the time limit for the provision of confidential and current information falls on a Saturday is to be dealt with? and Whether for keeping the time limit is it enough to dispatch the notification on reaching the total number of votes in a public company by that time limits, or it should be sent in such a manner so as to reach the addressee by the required deadline. At the same time, the article signals that there are no clear-cut rules for calculating time limits in the substantive administrative law, and even the existence of divergent positions taken by the courts with respect to the calculation of time limits in the area of administrative law.