Effective date

An effective date or as of date is the date upon which something is considered to take effect, which may be a past, present or future date. This may be different from the date upon which the event actually occurs or is recorded.[1][2]

In Reserve Fund Planning, an effective date refers to the fiscal-year's first day where changes, voted on at a condo or strata corporation Annual General Meeting (AGM), take effect regardless of whether the vote took place before or after the beginning of the fiscal-year. This effective date is when recommendations take place.

See also

References

  1. ↑ Richard Snodgrass (1985), A taxonomy of time databases, pp. 236–246, ISBN 0-89791-160-1
  2. ↑ Kenneth A. Adams (2004), A manual of style for contract drafting, ISBN 978-1-59031-380-0


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