# Local Democracy, Economic Development and Construction Act 2009, Paragraph 10


(1) The financial year of the Commission is the period of twelve months ending on 31 March.
(2) But the first financial year of the Commission is the period—
(a) starting on the day on which section 55 comes into force, and
(b) ending on the following 31 March.

---
Source: https://www.legislation.gov.uk/ukpga/2009/20/schedule/1/paragraph/10 (the official version)
Page: https://openlegislation.uk/local-democracy-economic-development-and-construction-act-2009/schedule-1/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.