Prospective Law
/ˌprɒsˈpɛktɪv lɔː/
Definitions
- (n.) Law that is designed to take effect in the future, applying to actions or events occurring after the law’s enactment.
The new tax regulations are a prospective law and will apply starting next year.
- (adj.) Relating to laws intended to have future effect rather than retroactive application.
Prospective law provisions prevent retroactive penalties.
Forms
- prospective law
Related terms
See also
Commentary
Prospective law is contrasted with retrospective law; drafters often specify applicability to prevent unintended retroactive effects.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.