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Terms Used In 5 Guam Code Ann. § 80108

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
The Board shall annually elect at the first meeting of each fiscal year, a chairperson from among its members.

SOURCE: GC § 42006. Codified by the Compiler of this section. Repealed and reenacted by P.L. 24-041:3 (June 20, 1997).