Transformative leadership has two fundamental principles at its core.

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In this respect, when the original deed was made in 1986, amended in 1993 and replaced in 1997, two fundamental legal and accounting principles applied: that a profit and loss account was concerned with ordinary activities before taxation, and that only profits realised at the balance sheet date could lawfully be included in the profit and loss account.

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California's Constitution sets up two different procedures, and for measures that make a fundamental change in the underlying principles of the Constitutional or change the governmental plan, it cannot go directly to a vote of the people.

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