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Mexico Changes Calculation Rules For 3 Public Holidays
 
(Posted on Tuesday, January 17, 2006)

Source: Servicio de Administración Tributaria (México)

Mexico's President, Vincente Fox Quesada, issued a decree modifying article 74 of Mexico's Labour Code (artículo 74 de la Ley Federal del Trabajo).

The public holidays hitherto celebrated on the fixed dates of February 5, March 21, and November 20, will henceforth be celebrated on the first Monday of February, and the third Mondays of March and November respectively.

This is a variant of the draft law, introduced in 2000 (03-May-2000), by Deputy José del Carmen Enríquez Rosado, which mandated that whenever the fixed-date public holidays of February 5, March 21, May 1st, and November 20, fall on any day other than a Monday (including Saturdays and Sundays), its legal observance would be moved to the following Monday.

Related links:
Mexico bank holidays and public holidays (current year)
Mexico bank holidays and public holidays (news and updates)
Worldwide bank holidays and public holidays news updates (January 2006)


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