nonretroactivity
noun as in strong fondness
Word Combinations
Example:The new tax law is nonretroactive and will only affect transactions that occur after its effective date.
Definition:A law that does not apply to events, actions, or circumstances that occurred before the law was enacted.
From nonretroactive law
Example:The nonretroactivity clause in the bill was intended to prevent any legal disputes arising from its application to past transactions.
Definition:A clause in a statute or legal document that explicitly states that the law or rule will not apply to past events.
From nonretroactivity clause
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