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How is the quarter calculated when buying a ticket?

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A quarter is 3 calendar months and is calculated from the date you buy a ticket to the date one day prior to 3 months hence.  For example, if you buy a ticket on 15 January, it will expire on 14 April.   However if you buy a ticket on the 31st of a month, it will expire on the last day of the month in 3 months time.  

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