Legal Definitions - intra anni spatium

The Latin phrase intra anni spatium translates to "within the space of a year."

This term is used in legal contexts to specify that an action, event, or obligation must occur or be completed within a 12-month period from a particular starting point.

Here are some examples illustrating its application:

• Contractual Obligation: Imagine a software development contract stating that the initial beta version of a new application must be delivered intra anni spatium from the project's commencement date. This means the developers are legally bound to provide the beta version within 12 months of starting the project. Failing to meet this deadline could result in a breach of contract.

• Statutory Time Limit: A specific tax law might stipulate that a taxpayer has the right to amend a tax return for a particular error intra anni spatium of the original filing date. This sets a clear one-year window during which the taxpayer can correct certain mistakes on their return, after which that specific right to amend may expire.

• Corporate Governance: A company's bylaws might require that the annual general meeting of shareholders be held intra anni spatium of the previous year's meeting. This ensures that the company conducts its essential governance functions, such as electing directors and approving financial statements, on a regular yearly basis, preventing undue delays between meetings.