Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698752611279.pdf (New Zealand)
Reprint as at 1 March 2011 Goods and Services Tax (Grants and Subsidies) Order 1992 (SR 1992/323) Catherine A Tizard, Governor-General Order in Council At Wellington this 16th day of November 1992 Present: Her Excellency the Governor-General in Council Pursuant to section 5(6E) of the Goods and Services Tax Act 1985, Her Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby makes the following order.
Note Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.

A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.

This order is administered by the Inland Revenue Department.
1 Goods and Services Tax (Grants and Subsidies) Order 1992 Reprinted as at 1 March 2011 Contents Title and commencement Non-taxable grants and subsidies Revocation Schedule Non-taxable grants and subsidies Page 2 2 2 2 Order Title and commencement This order may be cited as the Goods and Services Tax (Grants and Subsidies) Order 1992.

This order shall come into force on 1 January 1993.
Non-taxable grants and subsidies It is hereby declared that payments of the kinds specified in the Schedule are not taxable grants or subsidies for the purposes of section 5(6D) of the Goods and Services Tax Act 1985.

Revocation The Goods and Services Tax (Non-Taxable Grants or Subsi- dies) Order 1991 (SR 1991/300) is hereby revoked.
Schedule Non-taxable grants and subsidies Any payment made on behalf of the Crown for the purpose of repaying the loans (both as to principal and interest) specified in section 2(1) of the Petroleum Sector Reform Act 1988.
Any suspensory loan or advance made on behalf of the Crown or by any public authority before 1 January 1993, other than any suspensory loan or advance that, at the time it was made, was explicitly stated to include the amount of any goods and services tax payable by the person to whom or for whose bene- fit the loan or advance was made.
cl 1 1 2 3 1 (1) (2) 2 3 1 2 2 Reprinted as at 1 March 2011 Goods and Services Tax (Grants and Subsidies) Order 1992 Schedule 3 5 6 7 So much of any payment made by the New Zealand Agency for International Development to a New Zealand organisation that, as a condition of the payment, must be— (a) (b) transferred outside New Zealand; and transferred to an organisation that is operating outside New Zealand at the time the payment is received by that organisation; and used to acquire goods or services outside New Zealand.
(c) Schedule clause 3: added, on 1 July 2003, by clause 3 of the Goods and Services Tax (Grants and Subsidies) Amendment Order 2003 (SR 2003/113).

The Commissioner of Inland Revenue crediting, transferring, refunding, dealing with, or otherwise paying, a tax credit under the Income Tax Act 2007, Income Tax Act 2004, or the Tax Administration Act 1994, if that tax credit is one to which entitlement arises under subpart MK of the Income Tax Act 2007 or subpart KJ of the Income Tax Act 2004.
Schedule clause 5: added, on 1 July 2007, by section 73 of the Taxation (Kiwi- Saver and Company Tax Rate Amendments) Act 2007 (2007 No 19).

Schedule clause 5: amended (with effect on 1 April 2008), on 6 October 2009, by section 865(a) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule clause 5: amended (with effect on 1 April 2008), on 6 October 2009, by section 865(b) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

The Commissioner of Inland Revenue crediting, transferring, refunding, dealing with, or otherwise paying, a person’s tax credit under the Income Tax Act 2007 or the Tax Administra- tion Act 1994, if that tax credit is one which the person has under section LH 2 of the Income Tax Act 2007.
Schedule clause 6: added, on 19 December 2007 (applying for the 2008–09 and later income years), by section 301(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

Any earthquake support subsidy payment made on or before 30 June 2011 on behalf of the Crown in relation to the Canter- bury earthquake aftershock centred in Lyttelton on 22 Febru- ary 2011.
Schedule clause 7: added, on 1 March 2011, by clause 4 of the Goods and Services Tax (Grants and Subsidies) Amendment Order 2011 (SR 2011/28).

3 Goods and Services Tax (Grants and Subsidies) Order 1992 Reprinted as at 1 March 2011 Bob MacFarlane, Acting for Clerk of the Executive Council.

Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 19 November 1992.


4 Reprinted as at 1 March 2011 Goods and Services Tax (Grants and Subsidies) Order 1992 Notes Contents 1 2 3 4 General Status of reprints How reprints are prepared Changes made under section 17C of the Acts and Regulations Publication Act 1989 List of amendments incorporated in this reprint (most recent first) 5 Notes 1 2 3 General This is a reprint of the Goods and Services Tax (Grants and Subsidies) Order 1992.
It incorporates all the amendments to the order as at 1 March 2011, as specified in the list of amend- ments at the end of these notes.

Relevant provisions of any amending enactments that contain transitional, savings, or application provisions that cannot be compiled in the reprint are also included, after the principal enactment, in chronological order.

For more information, see http://www.pco.parliament.govt.nz/reprints/.
Status of reprints Under section 16D of the Acts and Regulations Publication Act 1989, reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by the amendments to that enactment.

This presumption applies even though editorial changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in the reprint.
This presumption may be rebutted by producing the official volumes of statutes or statutory regulations in which the prin- cipal enactment and its amendments are contained.

How reprints are prepared A number of editorial conventions are followed in the prep- aration of reprints.

For example, the enacting words are not included in Acts, and provisions that are repealed or revoked 5 Notes Goods and Services Tax (Grants and Subsidies) Order 1992 Reprinted as at 1 March 2011 are omitted.
For a detailed list of the editorial conventions, see http://www.pco.parliament.govt.nz/editorial-conventions/ or Part 8 of the Tables of New Zealand Acts and Ordinances and Statutory Regulations and Deemed Regulations in Force.
Changes made under section 17C of the Acts and Regulations Publication Act 1989 Section 17C of the Acts and Regulations Publication Act 1989 authorises the making of editorial changes in a reprint as set out in sections 17D and 17E of that Act so that, to the extent permitted, the format and style of the reprinted enactment is consistent with current legislative drafting practice.

Changes that would alter the effect of the legislation are not permitted.
A new format of legislation was introduced on 1 January 2000.

Changes to legislative drafting style have also been made since 1997, and are ongoing.

To the extent permitted by section 17C of the Acts and Regulations Publication Act 1989, all legisla- tion reprinted after 1 January 2000 is in the new format for legislation and reflects current drafting practice at the time of the reprint.
In outline, the editorial changes made in reprints under the au- thority of section 17C of the Acts and Regulations Publication Act 1989 are set out below, and they have been applied, where relevant, in the preparation of this reprint: • omission of unnecessary referential words (such as “of this section” and “of this Act”) typeface and type size (Times Roman, generally in 11.5 point) layout of provisions, including: • • indentation position of section headings (eg, the number and heading now appear above the section) format of definitions (eg, the defined term now appears in bold type, without quotation marks) format of dates (eg, a date formerly expressed as “the 1st day of January 1999” is now expressed as “1 January 1999”) • • • • 4 6 Reprinted as at 1 March 2011 Goods and Services Tax (Grants and Subsidies) Order 1992 Notes • • • • • • • position of the date of assent (it now appears on the front page of each Act) punctuation (eg, colons are not used after definitions) Parts numbered with roman numerals are replaced with arabic numerals, and all cross-references are changed accordingly case and appearance of letters and words, including: • format of headings (eg, headings where each word formerly appeared with an initial cap- ital letter followed by small capital letters are amended so that the heading appears in bold, with only the first word (and any proper nouns) appearing with an initial capital letter) small capital letters in section and subsection ref- erences are now capital letters • schedules are renumbered (eg, Schedule 1 replaces First Schedule), and all cross-references are changed accord- ingly running heads (the information that appears at the top of each page) format of two-column schedules of consequential amendments, and schedules of repeals (eg, they are rearranged into alphabetical order, rather than chrono- logical).
5 List of amendments incorporated in this reprint (most recent first) Goods and Services Tax (Grants and Subsidies) Amendment Order 2011 (SR 2011/28) Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34): section 865 Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109): section 301(1) Taxation (KiwiSaver and Company Tax Rate Amendments) Act 2007 (2007 No 19): section 73 Goods and Services Tax (Grants and Subsidies) Amendment Order 2003 (SR 2003/113) 7 Goods and Services Tax (Grants and Subsidies) Order 1992 Reprinted as at 1 March 2011 Notes 12 Wellington, New Zealand: Published under the authority of the New Zealand Government—2011 8