Legal Holiday [ UPDATED ]

: Employers are typically required to provide workers with a paid day off or premium pay (often "time and a half") if they are required to work.

: For documents like Bills of Exchange , legal holidays are considered "non-juridical days." If a deadline falls on one of these days, it is usually extended to the next business day. legal holiday

A (often called a "statutory" or "stat" holiday) is a day established by law on which government offices are closed and many employees are entitled to a day off with pay. While these days are often associated with celebration or remembrance, their primary legal function is to regulate labor and commerce, such as the computation of deadlines for banking and legal documents. Key Functions of Legal Holidays : Employers are typically required to provide workers