Income Payment Date - 2000 GMSLA Provision: Difference between revisions

Income Payment Date - 2000 GMSLA Provision (view source)

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 {{gmsla2000anat|Income Payment Date}}
+A clumsy [[Definitions|definition]] in that it muddies ''entitlement'' to be paid income from ''payment date'' of {{gmsla2000prov|IIncome}}, and when it comes to [[manufacturing]] dividends and income, it is the date of ''entitlement'' to payment that is important. Income Payment Date gets this right, after a fashion, for registered Securities, but even then there is a hanging and rather ambiguous “[[or]]”. To make sense of it, this one needs this or to be an ''ex''clusive disjunction, whereas in the ordinary course, enthusiastic readers will know, the [[JC]]’s house view is that [[or]] is an ''in''clusive disjunction.
+For this reason, the definition was rather improved by its successor in the [[2010 GMSLA]], “{{gmslaprov|Income Record Date}}”