Effect backdating contract updating nuvi 260


10-Nov-2015 19:37

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This date can be in the future or the past – whether a contract can create or confirm rights relating to events in the past is a matter of interpretation.

The date next to a signature should always be the date that party signed the document.

Often a contract will be entered into and dated (as explained above) on the date of the last signature, but will contain a different and defined ‘effective date’ specifying when some or all of the obligations of the parties are to begin.

This date is usually the date which both parties consider to be the date the contract was made and became effective, unless there is a different defined ‘Effective Date’ or ‘Commencement Date’.

If there is a date at the beginning of the contract which is not the date of the last signature this can lead to confusion or be of no effect in interpreting when the contract actually began.

Contracts can also, confusingly, contain defined dates such as ‘commencement date’, ‘effective date’ or ‘start date’.

These dates indicate when the contract or parts of it are due to have legal effect, if these dates are different to the contract and/or signature dates.

These generally include: The ‘contract date’ is the date often written on the cover or last page of the contract.

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It seems simple, but which date to write on a contract, and how to interpret the dates often raises some fiddly.

There are a number of dates which can appear within contracts.



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