Calendar Year Definition Contracts
Means the total input tax payable where section 25 applies or paid where section 26 applies for the calendar year.
Calendar year definition contracts. Contract year means a period of 12 consecutive gas months beginning at 9 00am on 1 january in each year and ending at 9 00am on 1 january of the following. Calendar year definition is a period of a year beginning and ending with the dates that are conventionally accepted as marking the beginning and end of a numbered year. And the day of a leap year and the day immediately preceding if they shall occur in any period so to be computed shall be reckoned.
And a quarter of a year of ninety two days. A year is defined in this case as a contract year the period of time from the contract begin date to the first anniversary of the contract begin date and subsequent years thereafter. Contract year means the period beginning on the effective date and ending on december 31 2003 the first contract year or each succeeding twelve 12 month calendar year period thereafter during the term of the agreement referred to as the second contract year third contract year etc.
A calendar year deductible which is what most health plans operate on begins on january 1st and ends on december 31st. Half a year of a hundred and eighty two days. In new york it is enacted that whenever the term year or years is or shall be used in any statute deed verbal or written contract or any public or private instrument whatever the year intended shall be taken to consist of three hundred and sixty five days.
Provided that the first contract year shall include the days in the prior month in which the commercial operation date occurred. A calendar spread is a trading strategy for futures and options to minimize risk and cost by buying two contracts or options with the same strike price and different delivery dates. A calendar year is a one year period that begins on january 1 and ends on december 31 based on the commonly used gregorian calendar.
A plan year deductible resets on the renewal date of your company s plan. For individual and corporate taxation purposes the calendar. Contract year means the twelve 12 consecutive calendar months starting on the first day of the calendar month following the commercial operation date and each subsequent twelve 12 consecutive calendar month period.