# Local Government Finance Act 1988, Section 145: Interpretation: financial years etc.


(1) Chargeable financial years are financial years beginning in 1990 and subsequent years.
(2) Transitional years are financial years beginning in 1990, 1991, 1992 and 1993; and the first transitional year is that beginning in 1990.
(3) A financial year is a period of 12 months beginning with 1 April.

---
Source: https://www.legislation.gov.uk/ukpga/1988/41/section/145 (the official version)
Page: https://openlegislation.uk/local-government-finance-act-1988/section-145
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.