restriction period
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 430 — for purposes of this section
The term “restriction period” means, with respect to any election year—
(I) except as provided in subclause (II), the 3-year period beginning with the election year (or, if later, the first plan year beginning after December 31, 2009), and
(II) if the plan sponsor elects 15-year amortization for the shortfall amortization base for the election year, the 5-year period beginning with the election year (or, if later, the first plan year beginning after December 31, 2009).
29 U.S.C. § 1083 — for purposes of this section
The term “restriction period” means, with respect to any election year—
(I) except as provided in subclause (II), the 3-year period beginning with the election year (or, if later, the first plan year beginning after December 31, 2009), and
(II) if the plan sponsor elects 15-year amortization for the shortfall amortization base for the election year, the 5-year period beginning with the election year (or, if later, the first plan year beginning after December 31, 2009).