Common use of Applicability date Clause in Contracts

Applicability date. This section and §§ 1.6050Y–2 through 1.6050Y–3 apply to reportable policy sales made after De- cember 31, 2018. This section and § 1. 6050Y–4 apply to reportable death benefits paid after December 31, 2018. This section and § 1.6050Y–3 apply to any notice of a transfer to a foreign person received after December 31, 2018. However, for reportable policy sales and payments of reportable death bene- fits occurring after December 31, 2018, and on or before December 31, 2019, and any notice of a transfer to a foreign person received after December 31, 2018, and on or before December 31, 2019, transition relief is provided as follows: (1) Statements required to be fur- nished to issuers under section 6050Y(a)(2) and § 1.6050Y–2(d)(2)(i) must be furnished by the later of the applica- ble deadline set forth in § 1.6050Y– 2(d)(2)(ii) or December 30, 2019. (2) Statements required to be fur- nished to reportable policy sale pay- ment recipients under section 6050Y(a)(2) and § 1.6050Y–2(d)(1)(i) must be furnished by the later of the applica- ble deadline set forth in § 1.6050Y– 2(d)(1)(ii) or February 28, 2020. (3) Statements required to be fur- nished to sellers under section 6050Y(b)(2) and § 1.6050Y–3(d)(1) must be furnished by the later of the applicable deadline set forth in § 1.6050Y–3(d)(2) or February 28, 2020. (4) Statements required to be fur- nished to reportable death benefits payment recipients under section 6050Y(c)(2) and § 1.6050Y–4(c)(1) must be furnished by the later of the applicable deadline set forth in § 1.6050Y–4(c)(2) or February 28, 2020. (5) Returns required to be filed under section 6050Y(a)(1) and § 1.6050Y–2(a), section 6050Y(b)(1) and § 1.6050Y–3(a), and section 6050Y(c)(1) and § 1.6050Y–4 must be filed by the later of the appli- cable deadline set forth in § 1.6050Y– 2(c), § 1.6050Y–3(c), and § 1.6050Y–4(b) or February 28, 2020. [T.D. 9879, 84 FR 58484, Oct. 31, 2019, as amended by T.D. 9879, 84 FR 68043, Dec. 13, 2019]

Applicability date. This section and §§ 1.6050Y–2 through 1.6050Y–3 apply to reportable policy sales made after De- cember 31, 2018. This section and § 1. 6050Y–4 apply to reportable death benefits paid after December 31, 2018. This section and § 1.6050Y–3 apply to any notice of a transfer to a foreign person received after December 31, 2018. However, for reportable policy sales and payments of reportable death bene- fits occurring after December 31, 2018, and on or before December 31, 2019, and any notice of a transfer to a foreign person received after December 31, 2018, and on or before December 31, 2019, transition relief is provided as follows: (1) Statements required to be fur- nished to issuers under section 6050Y(a)(2) and § 1.6050Y–2(d)(2)(i) must be furnished by the later of the applica- ble deadline set forth in § 1.6050Y– 2(d)(2)(ii) or December 30, 2019. (2) Statements required to be fur- nished to reportable policy sale pay- ment recipients under section 6050Y(a)(2) and § 1.6050Y–2(d)(1)(i) must be furnished by the later of the applica- ble deadline set forth in § 1.6050Y– 2(d)(1)(ii) or February 28, 2020. (3) Statements required to be fur- nished to sellers under section 6050Y(b)(2) and § 1.6050Y–3(d)(1) must be furnished by the later of the applicable deadline set forth in § 1.6050Y–3(d)(2) or February 28, 2020. (4) Statements required to be fur- nished to reportable death benefits payment recipients under section 6050Y(c)(2) and § 1.6050Y–4(c)(1) must be furnished by the later of the applicable deadline set forth in § 1.6050Y–4(c)(2) or February 28, 2020. (5) Returns required to be filed under section 6050Y(a)(1) and § 1.6050Y–2(a), section 6050Y(b)(1) and § 1.6050Y–3(a), and section 6050Y(c)(1) and § 1.6050Y–4 must be filed by the later of the appli- cable deadline set forth in § 1.6050Y– 2(c), § 1.6050Y–3(c), and § 1.6050Y–4(b) or February 28, 2020. [T.D. 9879, 84 FR 58484▇▇ ▇▇▇▇▇, Oct. ▇▇▇. 31, 2019, as amended by T.D. 9879, 84 FR 68043, Dec. 13, 2019]