Examples of Annual Accounting Period in a sentence
For any period other than an Annual Accounting Period such remuneration will be prorated on thebasis of the actual number of days for which such remuneration has accrued in proportion to the total number of days in an Annual Accounting Period concerned.
In respect of any period other than an Annual Accounting Period, such remuneration shall be prorated on the basis of the actual number of days for which such remuneration has accrued in proportion to the total number of days in the Annual Accounting Period concerned.
At the end of each Annual Accounting Period or such other interval as the Commission may require, the Shariah Advisor shall issue a certificate to be included in the Annual reports or such other report in respect of the Shariah compliance of the preceding year’s or past operations of the Fund.
Annual Accounting Period means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.