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Financial Year Act 1986 [11 MIRC Ch.11]

CHAPTER 11.

FINANCIAL YEAR

ARRANGEMENT OF SECTIONS

Section
§1101. Short title
§1102. Change of financial year

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An Act to change the financial year of the Republic to the year beginning October 1st.[Section numbering style modified to conform to new Code format (Rev.2003].

Commencement: January 1, 1986
Source: P.L. 1986-7

§1101. Short title.

This Chapter may be cited as the "Financial Year Act 1986". [P.L. 1986-7, §1.]

§1102. Change of financial year.

It is hereby declared that for the purposes of the Constitution of the Marshall Islands and for all purposes of the Government of the Marshall Islands the financial year of the Republic is the period of twelve (12) months commencing on the first day of October and ending on the thirtieth day of September. [P.L. 1986-7 §2.]