Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698753819011.pdf (New Zealand)
“(b) “Compare: 2004 No 35 s KD 4(5) “80KW Effect of extra instalment on entitlement to tax credit “(1) This section applies to a person who— “(a) “(b) is entitled to a family assistance credit or family tax credit for the whole or part of a tax year; and receives in the tax year— 3291 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 New Part 3B—continued Part 3B—continued “(i) a payment under section 80KI of an instalment of the credit for each period of a week or a fortnight in the tax year; or “(ii) payments under section 80KN of instalments of the credit in the tax year and no payment under section 80KI in the tax year; and as a consequence of the year not being divided into an exact number of fortnights or weeks,— “(i) receives in the tax year 27 instalments corres- ponding to a period of a fortnight; or “(ii) may have received in the tax year 53 instalments corresponding to a period of a week.
“(c) “(2) Subsection (3) applies— “(a) for the purposes of section MF 6 of the Income Tax Act 2007; and “(b) when a person has received payments under section 80KI for the whole of a tax year.

“(3) The person is entitled to a tax credit for the tax year of an amount calculated using the formula— tax credit + ( (ﬁnal instalment parental tax credit) × 13 14 ) .
“(4) In the formula in subsection (3),— “(a) tax credit is the amount of the tax credit for the tax year calculated for the person under— “(i) section MD 1 of the Income Tax Act 2007, if the person is entitled to a family assistance credit: section ME 1 of that Act, if the person is entitled to the family tax credit: “(ii) “(b) ﬁnal instalment is the amount of the ﬁnal instalment received by the person in the tax year: “(c) parental tax credit is the amount of any parental tax credit that is included in the ﬁnal instalment received by the person in the tax year.
“(5) Subsection (6) applies— 3292 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 New Part 3B—continued Part 3B—continued “(a) for the purposes of section MF 6 of the Income Tax Act 2007; and “(b) when a person has received payments under section 80KN for the whole of a tax year.

“(6) The person is entitled to a tax credit for the tax year equal to an amount calculated using the formula— tax credit + total amount of instalments 53.
“(7) In the formula in subsection (6),— “(a) tax credit is the amount of the tax credit for the tax year calculated for the person under— “(i) section MD 1 of the Income Tax Act 2007, if the person is entitled to a family assistance credit: section ME 1 of that Act, if the person is entitled to the family tax credit: “(ii) “(b) total amount of instalments is the total amount of the instalments received by the person in the tax year.

“Compare: 2004 No 35 s KD 7A”.


Section 81 Section 81(4)(lb): “section MBA 5 of the Income Tax Act 2004” is replaced by “section RP 18 of the Income Tax Act 2007”.

Section 81(4)(lb): “associated” is replaced by “connected” in each place where it appears.

Section 83 Section 83(2): “subpart KD credit” is replaced by “family assistance credit”.
Section 83(7), after the deﬁnition of entitlement card: add the fol- lowing: “qualifying person means a person qualifying for an entitle- ment under section MC 2 of the Income Tax Act 2007.” Section 84 Section 84(1)(a) and (4): “subpart KD credit” is replaced by “family assistance credit” in each place where it appears.
3293 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 84—continued Section 84(6), before the deﬁnition of qualifying person: insert the following: “family assistance credit means an interim instalment of a family assistance credit”.
Section 84(6), deﬁnition of qualifying person: replace by the fol- lowing: “qualifying person means a person who meets the require- ments of sections MC 3 to MC 6(a) of the Income Tax Act 2007, and includes a person entitled to a tax credit under sec- tion MD 10 or ME 1 of that Act”.

Section 84(6), deﬁnition of subpart KD credit: repeal.
Section 85F Section 85F(3), deﬁnitions of company and large budget screen production grant: “section OB 1 of the Income Tax Act 2004” is replaced by “section YA 1 of the Income Tax Act 2007” in each place where it appears.

Section 85G Section 85G(1)(a), (4)(a) and (b): “subpart KD credit” is replaced by “family assistance credit” in each place where it appears.

Section 85G(1)(a): “a speciﬁed beneﬁt, or as the case may be, cease to be entitled to”: omit.
Section 85G(1)(a): “section KD 6(1) of the Income Tax Act 2004” is replaced by “section 80KN”.

Section 85G(1)(b): “section KD 2 or sections KD 2 and KD 3” is replaced by “sections MD 1, or MD 1 and ME 1”.

Section 85G(1)(c): “section KD 5(10)” is replaced by “section 80KH”.

Section 85G(4): “subpart KD of the Income Tax Act 2004” is re- placed by “subparts MA to MF and MZ of the Income Tax Act 2007”.
Section 85G(6), before the deﬁnition of qualifying person: insert the following: “family assistance credit means an interim instalment of a family assistance credit”.
3294 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 85G—continued Section 85G(6), deﬁnition of qualifying person: replace by the fol- lowing: “qualifying person means a person who meets the require- ments in sections MC 3 to MC 6(a) of the Income Tax Act 2007, and includes a person entitled to a tax credit under sec- tion MD 10 or ME 1 of that Act”.

Section 85G(6), deﬁnitions of speciﬁed beneﬁt and subpart KD credit: repeal.
Section 85I Section 85I(3): “section KD 2AB(1) of the Income Tax Act 2004” is replaced by “section MD 11 of the Income Tax Act 2007”.

Section 89C Section 89C(i): replace by the following: “(i) the assessment is made following the failure by a tax- payer to withhold or deduct an amount required to be withheld or deducted by a tax law or to account for an amount withheld or deducted in the manner required by a tax law; or”.
Section 89C(m): “rebate of income tax under subpart KD of the In- come Tax Act 2004” is replaced by “tax credit identiﬁed in subparts MA to MF and MZ of the Income Tax Act 2007”.

Section 89N Section 89N(1)(c)(iii) and (v): “section OD 8(3) of the Income Tax Act 2004” is replaced by “the 1988 version provisions in subpart YB of the Income Tax Act 2007” in each place where it appears.
Section 90 Section 90(1)(a): “section EZ 32(2) (except the proviso) of the In- come Tax Act 2004” is replaced by “section EZ 35(2) (except the proviso) of the Income Tax Act 2007”.

Section 90(1)(b): “section EZ 32(3) of the Income Tax Act 2004” is replaced by “section EZ 35(3) of that Act”.
3295 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 90—continued “section EZ 32(2)” is replaced by “section Section 90(1)(c): “section EZ 32(6) (except the proviso) of the In- come Tax Act 2004” is replaced by “section EZ 35(6) (except the proviso) of that Act”.

Section 90(1)(c): EZ 35(2)”.

Section 90(1)(d): “section EZ 32 of the Income Tax Act 2004” is replaced by “section EZ 35 of that Act”.
Section 90(1)(e): “section EZ 32(7) of the Income Tax Act 2004” is replaced by “section EZ 35(7) of that Act”.

Section 90(1)(f): “section EZ 32(8) of the Income Tax Act 2004” is replaced by “section EZ 35(8) of that Act”.

Section 90(1)(j): “section FD 10(4) of the Income Tax Act 2004” is replaced by “sections FM 18 to FM 20 of that Act”.

Section 90(1)(j): “section EZ 35” is replaced by “section EZ 38”.
Section 90(1), proviso: “section EZ 32(2) or (6) of the Income Tax Act 2004” is replaced by “section EZ 35(2) or (6) of that Act”.

Section 90AA Section 90AA(1) and (2): “Income Tax Act 2004” is replaced by “Income Tax Act 2007” in each place where it appears.

Section 90AC Section 90AC, words before paragraph (a): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.

Section 90AC(1)(a) to (g), (i) and (k): “Income Tax Act 2004” is replaced by “that Act” in each place where it appears.
Section 90AC(1)(j): “section FD 10(4) of the Income Tax Act 2004” is replaced by “sections FM 18 to FM 20 of that Act”.

Section 90AC(4): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.
3296 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 New sections 90AF and 90AG After section 90AE: insert the following: “90AF Imputation arrangement to obtain tax advantage “(1) If an arrangement to obtain a tax advantage arises as described in section GB 35 of the Income Tax Act 2007, the Commis- sioner may make any of the following determinations: “(a) “(b) “(c) “(d) a determination whether the arrangement results in an account advantage, a tax credit advantage, or both: a determination whether a streaming arrangement as de- scribed in section GB 35(3) of that Act is subject to sec- tion GB 36(1) or (2) of that Act: a determination of the amount of the imputation credit or FDP credit that is subject to the arrangement: a determination of the tax year in which the arrangement commenced, being the year in which the ﬁrst reasonably identiﬁable step in the arrangement took place.
“(2) The Commissioner must give notice of any determination under subsection (1) to the company whose account is affected by the arrangement, as soon as is convenient.

“(3) The notice may be included in— “(a) “(b) a notice of assessment under section 111(1); or a determination under section 104B.

“(4) Failure to comply with subsection (2) does not invalidate the determination.
“90AG Maori authority arrangements to obtain tax advantage If an arrangement to obtain a tax advantage arises as described “(1) in section GB 42 of the Income Tax Act 2007, the Commis- sioner may make any of the following determinations: “(a) a determination whether the arrangement results in an account advantage, a tax credit advantage, or both: a determination whether a streaming arrangement as de- scribed in section GB 42(3) of that Act is subject to sec- tion GB 43(1) or (2) of that Act: a determination of the amount of the Maori authority credit that is subject to the arrangement: “(b) “(c) 3297 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 New sections 90AF and 90AG—continued “(d) a determination of the tax year in which the arrangement commenced, being the year in which the ﬁrst reasonably identiﬁable step in the arrangement took place.
“(2) The Commissioner must give notice of any determination under subsection (1) to the Maori authority whose account is affected by the arrangement, as soon as is convenient.

“(3) The notice may be included in— “(a) “(b) a notice of assessment under section 111(1); or a determination under section 104B.
“(4) Failure to comply with subsection (2) does not invalidate the determination.” Section 90A Section 90A(1) and (2): “subpart FG of the Income Tax Act 2004” is replaced by “subpart FE of the Income Tax Act 2007” in each place where it appears.

Section 91 Section 91(1): “Income Tax Act 2004” is replaced by “Income Tax Act 2007” in each place where it appears.

Section 91AA Section 91AA(2)(a): “section CW 49 of the Income Tax Act 2004” is replaced by “section CW 61 of the Income Tax Act 2007”.
Section 91AAB Section 91AAB(1): “sections DO 4B to DO 4E of the Income Tax Act 2004” is replaced by “sections DO 5 to DO 9 of the Income Tax Act 2007”.

Section 91AAB(1)(b): “schedule 11, column 1 of the Income Tax Act 2004” is replaced by “schedule 12, column 1 of that Act”.

Section 91AAC Section 91AAC heading and subsection (1): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.
3298 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 91AAD Section 91AAD(1), (5) and (6): “Income Tax Act 2004” is replaced by “Income Tax Act 2007” in each place where it appears.

Section 91AAE Section 91AAE(1) and (2): “Income Tax Act 2004” is replaced by “Income Tax Act 2007” in each place where it appears.
Section 91AAF Section 91AAF(1) and (4)(b): “section EE 25B, EE 25C, EE 25E, or EZ 21B of the Income Tax Act 2004” is replaced by “section EE 27, EE 28, EE 30, or EZ 23 of the Income Tax Act 2007” in each place where it appears.

Section 91AAF(5): “section EE 25B, EE 25C, or EE 25E of the In- come Tax Act 2004” is replaced by “section EE 27, EE 28, or EE 30 of the Income Tax Act 2007”.

Section 91AAG Section 91AAG(3)(a): “section EE 25B” is replaced by “section EE 27 of the Income Tax Act 2007”.
Section 91AAG(3)(b): “section EE 25C” is replaced by “section EE 28 of that Act”.

Section 91AAG(3)(c): “section EE 25E” is replaced by “section EE 30 of that Act”.

Section 91AAG(4)(b): “schedule 11 or schedule 11B of the Income Tax Act 2004” is replaced by “schedule 11 or 12 of the Income Tax Act 2007”.

Section 91AAH Section 91AAH(2)(a): “schedule 11 of the Income Tax Act 2004” is replaced by “schedule 12 of the Income Tax Act 2007”.
Section 91AAN Section 91AAN(1): “section DB 37 of the Income Tax Act 2004” is replaced by “section DB 46 of the Income Tax Act 2007”.

3299 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 91AAN—continued Section 91AAN(2): “schedule 6B, part A of the Income Tax Act 2004” is replaced by “schedule 19, part A of the Income Tax Act 2007”.

Section 91AAN(2): “section DB 37(4)(c) of that Act” is replaced by “section DB 46(4)(c) of that Act”.
Section 91AAN(2)(a): “column 1 of schedule 11 of the Income Tax Act 2004” is replaced by “schedule 12, column 1 of that Act”.

Section 91AAN(2)(b): “column 2 of schedule 11 of the Income Tax Act 2004” is replaced by “schedule 12, column 2 of that Act”.

Section 91AAN(3)(b): “schedule 6B of the Income Tax Act 2004” is replaced by “schedule 19 of the Income Tax Act 2007”.
Section 91C Section 91C(1)(eb): “except to the extent to which the matter in ques- tion is or could be” is replaced by “on an application to which section ZA 4(1)(a)(i) of the Income Tax Act 2007 applies, except to the ex- tent to which the matter in question is or could be”.
Section 91C(1)(eb): insert the following: “(ec) the Income Tax Act 2007, except to the extent to which the matter in question is or could be the subject of a determination of the Commissioner under— “(i) sections 90 or 90AC in relation to a ﬁnancial ar- rangement; or section 90A in relation to the extent to which a ﬁnancial arrangement provides funds to a party under the arrangement; or “(ii) “(iii) section 91 in relation to petroleum mining; or “(iv) section 91AAD or 91AAE in relation to live- “(v) stock; or any of sections 91AAF to 91AAM in relation to depreciation; or “(vi) section EA 3(8) of the Income Tax Act 2007 in relation to accrual expenditure; or”.
Section 91C(1)(f)(ii): “regulation 5(1A) of the Income Tax (With- holding Payments) Regulations 1979 (which relates to exemption certiﬁcates for non-resident contractors) or any successor to that 3300 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 91C—continued regulation” is replaced by “section RD 24 of the Income Tax Act 2007”.

Section 91E Section 91E(4A): “section FB 2 or GD 13 of the Income Tax Act 2004” is replaced by “sections GC 6 to GC 14 or YD 5 of the Income Tax Act 2007”.
Section 92 Section 92(5)(a): “rebate of income tax allowed under subpart KD of the Income Tax Act 2004” is replaced by “tax credit identiﬁed in subparts MA to MF and MZ of the Income Tax Act 2007”.

Section 92(5)(b): “rebate” is replaced by “tax credit”.

Section 92: add the following: “(7) The nominated company for a consolidated group is treated as a taxpayer for the purposes of this section.
A company that is part of a consolidated group in a tax year must not make a separate assessment for a tax year, but this restriction applies only to a tax year, or part of a tax year, in which the company is part of the group.” New sections 92AA and 92AB Section 92AA: replace by the following: “92AA Assessment for tax credits under Part M of Income Tax Act 2007 The Commissioner must make an income tax assessment for a tax year for a taxpayer who has a tax credit identiﬁed in Part M of the Income Tax Act 2007 for the year.
“92AB Assessments of liabilities of shareholders of qualifying companies “(1) The Commissioner may assess the liability of a shareholder who has agreed under section HA 8 of the Income Tax Act 2007 to be personally liable for their share of the income tax payable by a qualifying company.

3301 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 New sections 92AA and 92AB—continued “(2) A person assessed under subsection (1) is liable as agent for the company.
“(3) The Commissioner may reduce a person’s agreed liability if, in the relevant income year,— “(a) “(b) they ﬁrst acquire shares in the company; or they dispose of all their shares in the company.
“(4) To reduce a person’s liability under subsection (3),— “(a) “(b) the Commissioner must be satisﬁed that the reduction is appropriate; and the person must provide adequate accounts and other relevant information to show that the company’s in- come tax liability attributable to the part of the income year in which they were a shareholder is proportionately smaller than the liability attributable to the full income year.
“(5) An assessment of the company or the person does not prevent an assessment of the other.

“Compare: 2004 No 35 s HG 8(1), (2)”.

Section 93 Section 93, heading, subsections (1), and (2)(a) and (b): “fringe bene- ﬁt tax” is replaced by “FBT” in each place where it appears.

Section 93(3): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.
New sections 93B and 93C After section 93: insert the following: “93B Trustee income: Commissioner’s power to assess “(1) This section applies when a person— “(a) “(b) “(c) fails to disclose details of a trust under section 59; or fails to provide information that the Commissioner has asked for under section 17 in relation to a trust; or is unable to obtain sufﬁcient information to calculate the amount of trustee income in an income year.
3302 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 New sections 93B and 93C—continued “(2) The Commissioner may determine in a fair and reasonable manner the amount of trustee income for the income year.
“Compare: 2004 No 35 s HH 7 “93C Foreign tax credits: Commissioner’s power to amend assessments “(1) This section applies when a person is entitled to a tax credit under section LK 1 of the Income Tax Act 2007 and— “(a) the amount of the credit cannot be determined before the time by which the person must ﬁle a return of income for an income year; and the person asks the Commissioner for an amended as- sessment within 4 years after the end of the income year.
“(2) The Commissioner must amend the assessment for the income “(b) year to reﬂect the amount of the credit.

“Compare: 2004 No 35 s LC 4(1C)”.

Section 94 Section 94(1): “section HG 12 of the Income Tax Act 2004” is re- placed by “section HA 42 of the Income Tax Act 2007”.
Section 94(3): replace by the following: “(3) An assessment made under subsection (1) is subject to chal- lenge in the same manner as an assessment of income tax im- posed under section BB 1 of the Income Tax Act 2007, and Part 8A of this Act applies accordingly.” Section 95 Section 95(1): “section IZ 2 of the Income Tax Act 2004” is replaced by “section RZ 9 of the Income Tax Act 2007”.

Section 95(3): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.
Section 97 Section 97(4): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.

3303 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 97B Section 97B(4): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.

Section 98 Section 98, heading, subsections (1), and (2)(a) and (b): “speciﬁed superannuation contribution withholding tax” is replaced by “ESCT” in each place where it appears.
Section 98(1): “section NE 2 of the Income Tax Act 2004, make an assessment of the amount of the speciﬁed superannuation contribu- tion” is replaced by “section RD 67 of the Income Tax Act 2007, make an assessment of the amount of the employer’s superannuation contribution”.

Section 98(3): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.

Section 99 Section 99, heading: “resident withholding tax deductions” is re- placed by “RWT”.
Section 99(2)(a): “resident withholding income” is replaced by “resi- dent passive income”.

Section 99(3): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.

Section 100 Section 100, heading, subsections (1), and (3)(a) and (b): “non-resi- dent withholding tax” is replaced by “NRWT” in each place where it appears.

Section 100(1): “section NG 2 of the Income Tax Act 2004” is re- placed by “section RF 3 of the Income Tax Act 2007”.
Section 100(1): “non-resident withholding income” is replaced by “non-resident passive income”.

Section 100(2): “subpart NG of the Income Tax Act 2004” is replaced by “subpart RF of the Income Tax Act 2007”.

Section 100(4): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.
3304 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 101 Section 101(1) and (3): “section ME 9 of the Income Tax Act 2004” is replaced by “sections OB 65 to OB 67 of the Income Tax Act 2007” in each place where it appears.

Section 101B Section 101B heading and subsections (1), (2), and (3): “additional income tax” is replaced by “imputation additional tax” in each place where it appears.
Section 101B(1) and (3): “section ME 9C of the Income Tax Act 2004” is replaced by “section OB 72 of the Income Tax Act 2007” in each place where it appears.

Section 102 Section 102, heading and subsections (1), and (2)(a) and (b): “divi- dend withholding payment” is replaced by “FDP” in each place where it appears.

Section 102(1): “section NH 1 of the Income Tax Act 2004” is re- placed by “section RG 3 of the Income Tax Act 2007”.
Section 102(1)(a): “foreign withholding payment dividend” is re- placed by “foreign dividend”.

Section 102(3): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.

Section 103 Section 103, heading and subsections (1), and (3)(a) and (b): “further dividend withholding payment” is replaced by “further FDP” in each place where it appears.

Section 103(1): “section MG 9 of the Income Tax Act 2004” is re- placed by “sections OC 30 to OC 32 of the Income Tax Act 2007”.
Section 103A Section 103A, heading and subsections (1), (2), and (4)(b): “dividend withholding payment” is replaced by “FDP” in each place where it appears.

Section 103A(1): “section MI 10 of the Income Tax Act 2004” is replaced by “section OD 23 of the Income Tax Act 2007”.

3305 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 103A—continued Section 103A(4)(a): “deduct a dividend withholding payment” is re- placed by “pay FDP”.
Section 104 Section 104, heading and subsections (1), (2), and (3)(a) and (b): “dividend withholding payment” is replaced by “FDP” in each place where it appears.

Section 104(4): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.
New section 104B After section 104: insert the following: “104B Determination of credits and debits in memorandum “(1) accounts In this section,— “credit date means the credit date recorded when a memoran- dum credit arises in a memorandum account “debit date means the debit date recorded when a memoran- dum debit arises in a memorandum account “memorandum account person means a company, person, consolidated imputation group, or consolidated group (includ- ing the nominated company for a consolidated group) that maintains a memorandum account.
“(2) The Commissioner may determine that a memorandum ac- count is corrected by— “(a) adjusting the amount of a credit or debit recorded in the account; or changing a credit date or a debit date recorded in the account.

“(b) “(3) Notice of the determination must be given to the memoran- dum account person affected by the determination as soon as is convenient after the determination has been made.

“(4) Notice of the determination may be included in a notice of assessment.
“(5) Failure to give the notice of determination does not invalidate the determination.

3306 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 New section 104B—continued “(6) Particulars of the determination are treated as correctly reﬂect- ing what should have been recorded in the memorandum ac- count.

“(7) The memorandum account person must record those changes that are necessary or appropriate to ensure that all memoran- dum accounts of the person correctly reﬂect the determination.
“(8) Subsections (6) and (7) do not apply to the extent to which it is established in proceedings under a challenge that the deter- mination is not correct.

“Compare: 2004 No 35 ss ME 20, ME 40, MF 6, MG 12, MI 12, MJ 8, MK 9”.
Section 108 Section 108, after subsection (3): insert the following: “(3B) The Commissioner may amend an assessment or a determin- ation to give effect to section LA 6(3) of the Income Tax Act 2007 despite the time bar.” Section 113B Section 113B(1)(c): “section CD 30(2) of the Income Tax Act 2004” is replaced by “CD 41(2) of the Income Tax Act 2007”.

Section 113B(2): “dividend withholding payment credit” is replaced by “FDP credit”.
Section 113C Section 113C(1)(a): “section CD 13 of the Income Tax Act 2004” is replaced by “section CD 21 of the Income Tax Act 2007”.

Section 113C(1)(d)(i): “section CD 28(13) of the Income Tax Act 2004” is replaced by “section CD 39(13) of that Act”.

Section 113C(1)(d)(ii): “section CD 39(11) of the Income Tax Act 2004” is replaced by “section CD 50(11) of that Act”.
Section 113C(2): “sections CD 28(13) and CD 39(11) of the Income Tax Act 2004” is replaced by “sections CD 39(13) and CD 50(11) of the Income Tax Act 2007”.

3307 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 119 Section 119(1)(d): “section MB 6 of the Income Tax Act 2004” is replaced by “section RC 7 of the Income Tax Act 2007”.

Section 119(1)(e): “sections MB 6(5) and MB 17(5) of the Income Tax Act 2004” is replaced by “sections RC 7 and RC 18(5) of that Act”.
Section 119(2)(b): “sections HK 26(2), HK 26(3), LC 1, LC 4, and LC 5 of the Income Tax Act 2004” is replaced by “sections HD 29(3), LJ 1, LK 1, and LK 6 of the Income Tax Act 2007”.

Section 120A Section 120A(3): “deducts resident withholding tax or non-resident withholding tax” is replaced by “withholds RWT or NRWT”.

Section 120C Section 120C(1), deﬁnition of date interest starts, paragraphs (b) and (d): “fringe beneﬁt tax” is replaced by “FBT” in each place where it appears.
Section 120C(1), deﬁnition of date interest starts, paragraph (b)(v)(A): “section MB 17(2) or MB 17(3), as applicable” is replaced by “section RC 18(3) of the Income Tax Act 2007”.

Section 120C(1), deﬁnition of date interest starts, paragraph (e): “subpart MBA of the Income Tax Act 2004” is replaced by “sections RP 17 to RP 21 of the Income Tax Act 2007”.

Section 120C(1), deﬁnition of date interest starts, paragraph (e): “section MBA 5(3)” is replaced by “section RP 18(5) of that Act”.
Section 120C(1), deﬁnition of date interest starts, paragraph (f)(i): “section MB 5” is replaced by “section RC 6”.

Section 120C(1), deﬁnition of date interest starts, paragraph (f)(ii): “section MC 1” is replaced by “section RA 13”.

Section 120C(1), deﬁnition of tax paid, paragraphs (b) and (c): “sub- part MBA of the Income Tax Act 2004” is replaced by “sections RP 17 to RP 21 of the Income Tax Act 2007” in each place where it appears.
Section 120C(1), deﬁnition of tax payable: “a deduction of tax that must be made” is replaced by “an amount of tax that must be withheld or deducted”.

3308 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 120D Section 120D(4): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.

Section 120EA Section 120EA: “section EY 42(1) of the Income Tax Act 2004” is replaced by “section EY 43(1) of the Income Tax Act 2007”.
Section 120KB Section 120KB(2): “section MB 8 of the Income Tax Act 2004” is replaced by “section RC 9 of the Income Tax Act 2007”.

Section 120KB(3): “section MB 7 of the Income Tax Act 2004” is replaced by “section RC 8 of the Income Tax Act 2007”.

Section 120KB(4): “section OB 1 of the Income Tax Act 2004” is replaced by “section YA 1 of the Income Tax Act 2007”.

Section 120KB(4)(a): “section KD 4(2)(c) of the Income Tax Act 2004” is replaced by “section MF 6(2) of that Act”.
Section 120KB(4)(b): “section KD 4(2)(d) of the Income Tax Act 2004” is replaced by “section LA 4(1) of that Act”.

Section 120KC Section 120KC(1)(a): “section MB 8(8)(a) of the Income Tax Act 2004” is replaced by “section RC 9(9)(a) of the Income Tax Act 2007”.

Section 120KC(1)(b): “section MB 8(8)(b)” is replaced by “section RC 9(9)(b) of that Act”.

Section 120KC(1)(c): “section MB 8(8)(c)” is replaced by “section RC 9(9)(c) of that Act”.
Section 120KC(2): “schedule 13, part A of the Income Tax Act 2004” is replaced by “schedule 3, part A of the Income Tax Act 2007”.

Section 120KD Section 120KD(1) and (2): “schedule 13, part B of the Income Tax Act 2004” is replaced by “schedule 3, part B of the Income Tax Act 2007” in each place where it appears.

Section 120KD(1): “sections MB 20 to MB 23 of the Income Tax Act 2004” is replaced by “sections RC 21 to RC 24 of the Income Tax Act 2007”.
3309 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 120KE Section 120KE(1)(c): “section MB 6 of the Income Tax Act 2004” is replaced by “section RC 7 of the Income Tax Act 2007”.

Section 120KE(1)(d): “section MB 7 of the Income Tax Act 2004” is replaced by “section RC 8 of that Act”.

Section 120KE(1)(e): “a valid certiﬁcate of exemption under section NF 9(12) of the Income Tax Act 2004” is replaced by “an RWT ex- emption certiﬁcate under section 32I”.
Section 120KE(2): “section MB 8(2) or (4) or MB 20” is replaced by “section RC 9(3) or (5), or RC 21 of the Income Tax Act 2007”.

Section 120KE(5): “section MB 17 of the Income Tax Act 2004” is replaced by “section RC 18 of the Income Tax Act 2007”.

Section 120KE(8): “schedule 13, part A of the Income Tax Act 2004” is replaced by “schedule 3, part A of the Income Tax Act 2007”.
Section 120M Section 120M(a): “section MD 2 of the Income Tax Act 2004” is replaced by “sections RM 13 to RM 17, RM 32, and RZ 6 of the Income Tax Act 2007”.

Section 120M(b): “section MB 37 of the Income Tax Act 2004” is replaced by “section RC 35 of the Income Tax Act 2007”.

Section 120O Section 120O(a): “sections NC 15(1)(b) or NC 15(1)(i) of the Income Tax Act 2004” is replaced by “sections RA 5 and RD 4 of the Income Tax Act 2007”.
Section 120O(b): “sections NC 15(1)(c) or NC 15(1)(i) of the Income Tax Act 2004” is replaced by “sections RA 5 and RD 23(3) of that Act”.

Section 120O(c): “section NF 4 of the Income Tax Act 2004” is re- placed by “sections RA 6, RE 20, and RE 21 of that Act”.

Section 120O(d): “section NG 11 of the Income Tax Act 2004” is replaced by “sections RA 6 and RF 13 of that Act”.

Section 120O(e): “section NH 3 of the Income Tax Act 2004” is replaced by “sections RA 6 and RG 3 of that Act”.
3310 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 120OB Section 120OB(1)(a): “section NBA 4(1) of the Income Tax Act 2004” is replaced by “sections RP 9 to RP 11 of the Income Tax Act 2007”.

Section 120OB(1)(b): “section NBA 4(1B)(b) of the Income Tax Act 2004” is replaced by “section RP 8(b) of that Act”.
Section 120OB(2), deﬁnition of tax paid, paragraph (a): “in respect of a deduction of tax that must be made” is replaced by “for an amount of tax that must be withheld or deducted”.

Section 120OB(2), deﬁnition of tax payable: “a deduction of tax that at the time is due to be made” is replaced by “an amount of tax that at the time is due to be withheld or deducted”.

Section 120OD Section 120OD(1): “subpart MBA of the Income Tax Act 2004” is replaced by “sections RP 17 to RP 21 of the Income Tax Act 2007”.
New section 120OE After section 120OD: insert the following: “120OE Interest paid on deposits in tax pooling accounts “(1) Interest paid by the Commissioner on an amount deposited in a tax pooling intermediary’s tax pooling account accrues to the beneﬁt of the intermediary from the date of the deposit.
“(2) The interest referred to in subsection (1) is payable to the inter- mediary on the date the amount is credited to another account with the Commissioner, or on the date the amount is refunded to the intermediary.

“(3) A deposit in a tax pooling account is treated as tax paid by the intermediary for the purposes of calculating use of money interest, but for no other purpose.
“(4) Subsection (5) applies when a payment is made either by a tax pooling intermediary to their client, or by a client to their tax pooling intermediary, and the payment represents a difference between funds held in a tax pooling account for a period of time and an amount paid for the entitlement to the funds.
“(5) The payment is treated as— 3311 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 New section 120OE—continued “(a) “(b) a payment of interest to the person who derives the pay- ment for the purposes of section CC 4 of the Income Tax Act 2007, the RWT rules, and the NRWT rules: expenditure incurred in deriving the income of the per- son making the payment.

“Compare: 2004 No 35 ss MBA 5(5), (6), MBA 9”.


Section 120PA Section 120PA, heading: “foreign investor tax credit” is replaced by “tax credit for supplementary dividend”.

Section 120PA: “a foreign investor tax credit” is replaced by “a tax credit for a supplementary dividend”.

Section 120PA: “section LE 2(4)(b) of the Income Tax Act 2004” is replaced by “section LP 3(3) of the Income Tax Act 2007”.
Section 120Q Section 120Q: “schedule 13, part A of the Income Tax Act 2004” is replaced by “schedule 3, part A of the Income Tax Act 2007”.

Section 120R Section 120R, heading: “dividend withholding payments” is re- placed by “FDP”.

Section 120R(1), words before paragraph (a): “a dividend withhold- ing payment” is replaced by “FDP”.
Section 120R(1)(a): “elects by notice, under subsection (2) or sub- section (3) of section NH 3 of the Income Tax Act 2004 to reduce an amount of net loss” is replaced by “chooses by notice, under section RG 6 of the Income Tax Act 2007 to reduce an amount of tax loss”.

Section 120U Section 120U, heading: “in respect of tax deduction obligation” is replaced by “for obligation to withhold or deduct amount of tax”.

Section 120U(a): “deduct” is replaced by “withhold or deduct an amount of”.
Section 120U(b): “a deduction of tax” is replaced by “have an amount of tax withheld or deducted”.

3312 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 120U—continued Section 120U, the words after the paragraphs: “the deduction of tax” is replaced by “withholding or deducting the amount of tax”.

Section 120U, the words after the paragraphs: “deducted” is replaced by “withheld or deducted”.
Section 120V Section 120V, heading: “excess deductions of resident withholding tax” is replaced by “overpaid RWT”.

Section 120V: “excess resident withholding tax under section NF 7 of the Income Tax Act 2004” is replaced by “overpaid RWT under section RM 8 of the Income Tax Act 2007”.

Section 125 Section 125, words before paragraph (a), and paragraphs (b), (c), (f) and (h): “Income Tax Act 2004” is replaced by “Income Tax Act 2007” in each place where it appears.
Section 125(i): “section GD 8 of the Income Tax Act 2004” is re- placed by “section EY 11 of the Income Tax Act 2007”.

Section 125(i): “subsection (4)” is replaced by “subsections (3) to (9)”.
Section 125(j)(iii): “sections CD 9, CD 11, HK 7, HK 11, HK 18, HK 24, HK 26, LC 1 to LC 3, LC 7, LC 13 to LC 15, MD 1, and OB 2 of the Income Tax Act 2004” is replaced by “sections CD 15, CD 19, HD 2, HD 3(2), HD 5(4), HD 15, HD 24, HD 26 to HD 29, LA 6 to LA 8, LJ 1 to LJ 7, RD 3, RM 2 to RM 4, RM 6, RM 8, and RM 10 of the Income Tax Act 2007”.

Section 125(j)(iv): “78B, 78C, 166B, 225B” are inserted in their nu- merical order.
Section 130 Section 130(1): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.

Section 133 Section 133, heading: “deduction” is replaced by “withholding”.
3313 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 133—continued Section 133: “in respect of a tax deduction on the basis of a deter- mination made under section NC 1 of the Income Tax Act 2004” is replaced by “in relation to an amount of tax withheld on the basis of a determination under section RD 3(5) of the Income Tax Act 2007”.

Section 138E Section 138E(1)(d): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.
Section 138E(1)(e)(iii): “sections CD 9, CD 11, HK 7, HK 11, HK 18, HK 24, HK 26, LC 1 to LC 3, LC 7, LC 13 to LC 15, MD 1, and OB 2 of the Income Tax Act 2004” is replaced by “sections CD 15, CD 19, HD 2, HD 3(2), HD 5(4), HD 15, HD 24, HD 26 to HD 29, LA 6 to LA 8, LJ 1 to LJ 7, RD 3, RM 2 to RM 4, RM 6, RM 8, and RM 10 of the Income Tax Act 2007”.

Section 138E(1)(e)(iv): “78B, 78C, 166B, 225B” are inserted in their numerical order.
Section 138M Section 138M, heading: “deduction” is replaced by “withholding”.

Section 138M, words after the paragraphs: “in respect of a tax de- duction on the basis of a determination made under section NC 1 of the Income Tax Act 2004” is replaced by “in relation to an amount of tax withheld on the basis of a determination under section RD 3(5) of the Income Tax Act 2007”.
Section 139A Section 139A(1): “(1B)(a) by an Australian imputation credit ac- count company” is replaced by “(2)(a) by an Australian ICA com- pany”.

Section 139A(1), (2), and (4): “annual imputation return” is replaced by “annual ICA return” in each place where it appears.

Section 139A(1): “section NC 15(1)(a) or (b) or (c) or (d) of the Income Tax Act 2004” is replaced by “section RD 22(1) to (5) of the Income Tax Act 2007”.

Section 139A(2)(a)(ii): “(1B)(a)” is replaced by “(2)(a)”.
3314 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 139AA Section 139AA(1)(a): “section NC 15(1)(a) and NC 15(1)(b) of the Income Tax Act 2004” is replaced by “section RD 23(2) of the In- come Tax Act 2007”.

Section 139B Section 139B(3B) and (5A): “deducted” is replaced by “withheld or deducted” in each place where it appears.

Section 139B(6)(c)(i): “a deduction of tax that must be made” is replaced by “an amount of tax that must be withheld or deducted”.
Section 139C Section 139C(1B): “section MB 11 of the Income Tax Act 2004” is replaced by “section RM 11 of the Income Tax Act 2007”.

Section 139C(2), deﬁnition of provisional tax payable, paragraphs (a) and (aa): “Income Tax Act 2004” is replaced by “Income Tax Act 2007” in each place where it appears.

Section 139C(2), deﬁnition of provisional tax payable, paragraph (a): “section MB 9” is replaced by “section RC 10” in each place where it appears.
Section 139C(2), deﬁnition of provisional tax payable, paragraph (a)(ii): “section MB 4” is replaced by “section RC 5”.

Section 139C(2), deﬁnition of provisional tax payable, paragraph (aa): “sections MB 9 and MB 20” is replaced by “sections RC 10 and RC 21” in each place where it appears.

Section 139C(2), deﬁnition of provisional tax payable, paragraph (a)(ii): “section MB 9(2)” is replaced by “section RC 10(2)”.
Section 140 Section 140: replace by the following: “140 Where another person withholds RWT For the purposes of determining a person’s liability to pay a late payment penalty, the person is treated as having withheld or accounted for an amount of tax if— “(a) they are liable to pay the late payment penalty for— “(i) not withholding resident withholding tax (RWT) under the RWT rules; or 3315 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 140—continued “(ii) not accounting for RWT under the RWT rules; and “(b) they can satisfy the Commissioner that another person, under the RWT rules,— “(i) withheld the RWT; or “(ii) accounted for the RWT.” Section 140B Section 140B(1): “section ME 9(1) of the Income Tax Act 2004” is replaced by “section OB 65 of the Income Tax Act 2007”.
Section 140B(1) and (2)(b): “additional income tax” is replaced by “imputation additional tax” in each place where it appears.

Section 140B(1): “section ME 9C” is replaced by “section OB 72”.

Section 140C Section 140C, heading and subsection: “dividend withholding pay- ment penalty tax” is replaced by “FDP penalty tax” in each place where it appears.

Section 140C(1) and (2): “further dividend withholding payment” is replaced by “ further FDP” in each place where it appears.
Section 140C(1): “section MG 9(1) of the Income Tax Act 2004” is replaced by “section OC 30 of the Income Tax Act 2007”.

Section 140CB Section 140CB(1): “section MK 8 of the Income Tax Act 2004” is re- placed by “sections OK 21 and OK 22 of the Income Tax Act 2007”.
Section 140D [Repealed] Section 140DB [Repealed] Section 141 Section 141(7)(c): “associated persons within the meaning of section OD 8(1) of the Income Tax Act 2004” is replaced by “associated 3316 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 141—continued persons within the meaning of sections YB 2, YB 8 to YB 14, YB 16, YB 17, and YB 19 of the Income Tax Act 2007”.
Section 141(12A): “section EY 42(1) of the Income Tax Act 2004” is replaced by “section EY 43(1) of the Income Tax Act 2007”.

Section 141AA Section 141AA(1): “withholding payment” is replaced by “schedular payment”.

Section 141AA(1): “for the purposes of the Income Tax (Withhold- ing Payments) Regulations 1979” is omitted.

Section 141AA(1)(b): “make a required tax deduction” is replaced by “withhold an amount of tax that is required”.
Section 141AA(2): “required tax deduction” is replaced by “amount of tax required to be withheld”.

Section 141D Section 141D(3B)(b): “associated under section OD 7 of the Income Tax Act 2004” is replaced by “associated under subpart YB of the Income Tax Act 2007 (to the extent to which those rules apply for the whole of that Act excluding the 1973, 1988, and 1990 version provisions)”.

Section 141E Section 141E(2): “deduction” is replaced by “deduction or withhold- ing”.
Section 141EB Section 141EB(3): “loss attributing qualifying company” is replaced by “loss-attributing qualifying company” in each place where it ap- pears.

Section 141FB Section 141FB(4)(a)(ii) to (iv): is replaced by the following: “(ii) FBT: “(iii) GST: “(iv) RWT:”.

3317 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 141FD Section 141FD, heading: “loss attributing qualifying companies” is replaced by “loss-attributing qualifying companies”.
Section 141FD(1) and (2): “loss attributing qualifying company” is replaced by “loss-attributing qualifying company” in each place where it appears.

Section 141FD(1): “net loss” is replaced by “tax loss” in each place where it appears.

Section 141FD(3): “that the shareholder claimed in respect of the attributed net loss” is replaced by “of the shareholder for the amount of the tax loss attributed to them”.
Section 141JA Section 141JA: “section NC 16 of the Income Tax Act 2004” is re- placed by “section RD 4(2) of the Income Tax Act 2007”.

Section 141JB Section 141JB(1)(a): “section NBA 4(1) of the Income Tax Act 2004” is replaced by “sections RP 9 to RP 11 of the Income Tax Act 2007”.

Section 141JB(1)(b): “section NBA 4(1B)(b) of the Income Tax Act 2004” is replaced by “section RP 8(b) of that Act”.
Section 142 Section 142(1)(d): “annual imputation return” is replaced by “annual ICA return” in each place where it appears.

Section 142(1)(d): “(1B)(a) by an Australian imputation credit ac- count company” is replaced by “(2)(a) by an Australian ICA com- pany”.

Section 142(1A)(a): “section NC 15(1)(b) of the Income Tax Act 2004” is replaced by “section RD 22(2)(b) of the Income Tax Act 2007”.
Section 142(1A)(b): “section NC 15(1)(c) or (d) of the Income Tax Act 2004” is replaced by “section RD 22(3) or (4) of that Act”.

Section 142E Section 142E, heading: “dividend withholding penalty tax” is re- placed by “FDP penalty tax”.

3318 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 142E—continued Section 142E(2): “dividend withholding payment penalty tax” is re- placed by “FDP penalty tax” in each place where it appears.
Section 142E(1) and (2): “imputation year” is replaced by “tax year” in each place where it appears.

Section 142E(2): “further dividend withholding payment” is re- placed by “further FDP”.

“(a) “(b) “(c) Section 143A Section 143A(3): “dividend withholding payment deduction” is re- placed by “payment of FDP”.
Section 143A(5)(a) to (f): replace by the following: a PAYE income payment: a combined tax and earner-related payment: an amount of tax withheld for— “(i) resident passive income: “(ii) non-resident passive income: “(iii) an employer’s superannuation contribution: a deduction of contribution that was payable under Part 3, subpart 1 of the KiwiSaver Act 2006.” Section 143A(6): “making a deduction of dividend withholding pay- ment in respect of a dividend derived” is replaced by “withholding FDP for a foreign dividend derived”.
Section 143A(6)(a): “deducted an estimate of the amount of dividend withholding payment” is replaced by “withheld or paid an estimate of the FDP”.

Section 143A(6)(b)(i): “section LF 2 of the Income Tax Act 2004” is replaced by “section LL 2 of the Income Tax Act 2007”.

“(d) Section 143B Section 143B(3): “making a deduction of a dividend withholding payment in respect of a dividend derived” is replaced by “withholding FDP for a foreign dividend derived”.
Section 143B(3)(a): “deducted an estimate of the amount of dividend withholding payment” is replaced by “withheld or paid an estimate of the FDP”.

3319 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 143B—continued Section 143B(3)(b)(i): “section LF 2 of the Income Tax Act 2004” is replaced by “section LL 2 of the Income Tax Act 2007”.

Section 150A Section 150A(1)(b) and (2): “Income Tax Act 2004” is replaced by “Income Tax Act 2007” in each place where it appears.
Section 157 Section 157(1)(d): “a tax deduction” is replaced by “an amount of tax withheld or deducted”.

Section 157(1)(d): “that tax deduction” is replaced by “that amount of tax”.

Section 157(10), deﬁnition of income tax, paragraph (a): “the In- come Tax Act 2007 and” is inserted before “the Income Tax Act 2004”.
Section 157(10), deﬁnition of income tax, paragraph (b): “a tax de- duction” is replaced by “an amount of tax withheld, or combined tax and earner-related payment, to which section RD 4(1) of the Income Tax Act 2007 applies, or a tax deduction”.

insert Section 157(10), deﬁnition of income tax, paragraph (bb): “sections RP 17 to RP 21 of the Income Tax Act 2007 or” before “subpart MBA of the Income Tax Act 2004”.
Section 157(10), deﬁnition of income tax, paragraph (c): “section RD 4(2)(a) of the Income Tax Act 2007 or” is inserted before “section NC 16(b) of the Income Tax Act 2004”.

Section 157(10), deﬁnition of income tax, paragraph (e): “sections RA 10 and RD 70 of the Income Tax Act 2007 or” is inserted before “section NE 5 of the Income Tax Act 2004”.

Section 164 Section 164: “Income Tax Act 2004” is replaced by “Income Tax Act 2007” in each place where it appears.
Section 165AA Section 165AA(1), (2) and (4): “Income Tax Act 2004” is replaced by “Income Tax Act 2007” in each place where it appears.

3320 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 165AA—continued Section 165AA(2): “basic rate of income tax stated in schedule 1, part A, clause 4” is replaced by “basic tax rate set out in schedule 1, part A, clause 3”.

Section 165A Section 165A(1): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.
Section 165A(2): “sections LC 3, LC 4(11) and LD 1(6) of the In- come Tax Act 2004” is replaced by “sections LA 3 to LA 5, LJ 7, and LK 4 of the Income Tax Act 2007”.

New section 165B After section 165A: insert the following: “165B Recovery of overpaid refunds: NRWT “(1) This section applies for the purposes of the NRWT rules when the amount of a refund made to a person is more than the amount properly refundable to them.

“(2) The Commissioner may recover the amount overpaid as if it “(3) were income tax.
If the person has led the Commissioner by wilful default or neglect to pay the refund, the amount of the overpayment is due on the date the refund was paid.

In every other case, the amount of the overpayment is due on the 5th working day of the month after that in which the Commissioner notiﬁes the person that the amount of the overpayment is payable.

“Compare: 2004 No 35 s NG 16(5)”.


Section 166 Section 166(1): “sections MD 2, ME 20 and NH 4 of the Income Tax Act 2004” is replaced by “sections IA 3(2)(c), OA 2(5), RA 19, RA 20, RM 3, RM 13 to RM 21, RM 32, and RZ 6 of the Income Tax Act 2007 and sections 71B and 104B”.
3321 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 New section 166B After section 166: insert the following: “166B Shipping business of absentee taxpayer “(1) This section applies if an assessment is made in relation to— an absentee who carries on a shipping business carrying goods or passengers; or a person who— “(i) “(b) “(a) is the master of a ship owned by or under charter to the absentee; and is treated as an agent under section HD 21 of the Income Tax Act 2007.
“(ii) “(2) The Commissioner may require a Customs ofﬁcer to withhold the clearance of the ship pending the payment of any tax as- sessed.

“Compare: 2004 No 35 s HK 18”.

Section 167 Section 167, heading: “tax deductions” is replaced by “tax and pay- ments”.

Section 167(1): “The amount of every tax deduction or combined tax and earner premium deduction or combined tax and earner levy deduction made” is replaced by “Every amount of tax or combined tax and earner-related payment withheld or deducted”.
Section 167(2): “Where a tax deduction or combined tax and earner premium deduction or combined tax and earner levy deduction has been made” is replaced by “When an amount of tax or combined tax and earner-related payment has been withheld or deducted”.
Section 167(2): “deduction or any part of the deduction in the man- ner required by subsection (1) or the PAYE rules, the amount of the deduction” is replaced by “tax or payment withheld or deducted (or any part of it) in the manner required by subsection (1) or the PAYE rules, the amount of the tax or payment”.

Section 167(2)(a): “deduction” is replaced by “tax or payment”.

Section 167(2)(b) and (c): “tax deduction” is replaced by “tax or payment” in each place where it appears.
Section 167(2B)(b)(i): “section NBA 4(1) of the Income Tax Act 2004” is replaced by “sections RP 9 to RP 11 of the Income Tax Act 2007”.

3322 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 167—continued Section 167(2B)(b)(ii): “section NBA 4(1B)(b) of the Income Tax Act 2004” is replaced by “section RP 8(b) of that Act”.

Section 167(4): “combined tax and earner premium deduction or combined tax and earner levy deduction” is replaced by “com- bined tax and earner-related payment”.
Section 168 Section 168, heading: “make tax deductions” is replaced by “with- hold or deduct tax or payments”.

Section 168(1): “make any tax deduction or combined tax and earner premium deduction or combined tax and earner levy deduction” is replaced by “withhold or deduct an amount of tax or combined tax and earner-related payment”.

Section 168(1): “paragraphs (a), (b), (c), and (d) of section NC 15(1) of the Income Tax Act 2004” is replaced by “section RD 4 of the Income Tax Act 2007”.
Section 168(1): “tax deductions” is replaced by “tax or combined tax and earner-related payment”.

Section 168(4)(a): “section NBA 4(1) of the Income Tax Act 2004” is replaced by “sections RP 9 to RP 11 of the Income Tax Act 2007”.

Section 168(4)(b): “section NBA 4(1B)(b) of the Income Tax Act 2004” is replaced by “section RP 8 of that Act”.

Section 169 Section 169, heading: “tax deductions” is replaced by “tax pay- ments”.
Section 169(1): “make any tax deduction or combined tax and earner premium deduction or combined tax and earner levy deduction” is replaced by “withhold or deduct an amount of tax or combined tax and earner-related payment”.

Section 169(1): “that deduction or sum” is replaced by “that tax, payment, or sum,” in each place where it appears.

Section 169(1B)(a): “section NBA 4(1) of the Income Tax Act 2004” is replaced by “sections RP 9 to RP 11 of the Income Tax Act 2007”.
Section 169(1B)(b): “section NBA 4(1B)(b) of the Income Tax Act 2004” is replaced by “section RP 8(b) of that Act”.

3323 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 170 Section 170, heading: “resident withholding tax deductions” is re- placed by “RWT”.

Section 170(1): “The amount of every resident withholding tax de- duction made in accordance with” is replaced by “The amount of RWT withheld under”.

Section 170(2): “resident withholding tax deduction” is replaced by “RWT”.
Section 170(2): “a tax deduction” is replaced by “tax”.

Section 171 Section 171, heading: “make resident withholding tax deductions” is replaced by “withhold RWT”.

Section 171(1): “make any resident withholding tax deduction” is replaced by “withhold RWT”.

Section 171(1): “the deduction correctly been made” is replaced by “the tax been correctly withheld”.

Section 171(2): “resident withholding income” is replaced by “resi- dent passive income”.
Section 171(3): “made a deduction of resident withholding tax from the resident withholding income in relation to which the ﬁrst person failed to make such a deduction” is replaced by “withheld RWT from the resident passive income which the ﬁrst person failed to withhold”.

Section 171(3): “that deduction” is replaced by “that tax”.

Section 172 Section 172, heading: “resident withholding tax deductions con- stitute” is replaced by “RWT constitutes”.
Section 172(1): “to make any tax deduction” is replaced by “withhold RWT”.

Section 172(1): “that tax deduction” is replaced by “that tax”.

Section 173L Section 173L(2)(b) and (3): “tax deducted” is replaced by “tax with- held or deducted” in each place where it appears.

Section 173L(2)(b): “the deduction” is replaced by “the amount was withheld or deducted”.
3324 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 173L—continued Section 173L(3): “the deduction occurred” is replaced by “the amount was withheld or deducted”.

Section 173M Section 173M(5)(b): “section CW 34 or CW 35 of the Income Tax Act 2004” is replaced by “section CW 41 or CW 42 of the Income Tax Act 2007”.

Section 173MB Section 173MB: “section NBA 6(4) of the Income Tax Act 2004” is replaced by “section RP 6(4) of the Income Tax Act 2007”.
Section 173N Section 173N, heading: “rebates” is replaced by “tax credits”.

Section 173N, words before paragraph (a): “rebate” is replaced by “tax credit”.

Section 173P Section 173P(2)(a): “section MB 12 of the Income Tax Act 2004” is replaced by “section RC 12 of the Income Tax Act 2007”.

Section 173Q Section 173Q(1)(b)(ii): “section MB 4(3) of the Income Tax Act 2004” is replaced by “section RC 5(2) and (3) of the Income Tax Act 2007”.
Section 173Q(2)(a): “section MB 12 of the Income Tax Act 2004” is replaced by “section RC 12 of the Income Tax Act 2007”.

Section 173R Section 173R(2)(a): “section MB 12 of the Income Tax Act 2004” is replaced by “section RC 12 of the Income Tax Act 2007”.

Section 174AA Section 174AA: “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.
3325 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 174AA—continued Section 174AA(b): “tax paid or deducted” is replaced by “tax paid, withheld, or deducted”.

Section 177A Section 177A(3): “section OB 1 of the Income Tax Act 2004” is replaced by “section YA 1 of the Income Tax Act 2007”.

Section 177C Section 177C(5) and (6): “net loss” is replaced by “tax loss” in each place where it appears.
Section 177C(5B) and (5C): is replaced by the following: “(5B) If the Commissioner writes off outstanding tax for a taxpayer who has a tax credit carried forward under section LE 3 of the Income Tax Act 2007, the Commissioner must extinguish an amount of the tax credit on a one-for-one basis.
“(5C) If a taxpayer has both a tax loss to which subsection (5) ap- plies and a tax credit to which subsection (5B) applies, the Commissioner must extinguish the tax loss before extinguish- ing the tax credit.” Section 177D Section 177D(2)(a): “section CX 41B(4) and (5) or section EW 47B(4) and (5) of the Income Tax Act 2004” is replaced by “section CX 48(4) and (5) or EW 46(4) and (5) of the Income Tax Act 2007”.
Section 177D(3)(b) is replaced by the following: “(b) from the payment of unpaid tax or amounts owing to the Commissioner under the PAYE rules, if the unpaid tax or amounts owing relate to PAYE income payments made for the farming business for which the new start grant was paid.” Section 180 Section 180(1)(a): “section ME 5(1)(j) of the Income Tax Act 2004” is replaced by “section OB 54 of the Income Tax Act 2007”.
3326 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 180—continued Section 180(1)(a): “section ME 4(1)(h)” is replaced by “section OB 25”.

Section 180(1)(b): “imputation year” is replaced by “tax year”.

Section 180(1)(c): “sections ME 5(1)(l) to (n) and ME 12(1)(l) and (m) of the Income Tax Act 2004” is replaced by “sections OB 33, OB 38, OP 31, OP 36, and OZ 3 of the Income Tax Act 2007”.
Section 181 Section 181, heading and provisions: “dividend withholding pay- ment” is replaced by “FDP” in each place where it appears.

Section 181(1)(a): “section MG 5(1)(h) of the Income Tax Act 2004” is replaced by “section OC 25 of the Income Tax Act 2007”.

Section 181(1)(a): “section MG 4(1)(d) of the Income Tax Act 2004” is replaced by “section OC 12 of that Act”.

Section 181(1)(b): “imputation year” is replaced by “tax year”.
Section 181(1)(c): “sections MG 5(1)(k) and MG 15(1)(l) of the In- come Tax Act 2004” is replaced by “sections OC 15 and OP 67 of the Income Tax Act 2007”.

Section 181B Section 181B(1)(a): “section MK 5(1)(h) of the Income Tax Act 2004” is replaced by “section OK 17 of the Income Tax Act 2007”.

Section 181B(1)(a): “section MK 4(1)(g) of the Income Tax Act 2004” is replaced by “section OK 9 of that Act”.

Section 180B(1)(b): “imputation year” is replaced by “tax year”.
Section 181B(1)(c): “section MK 5(1)(j) of the Income Tax Act 2004” is replaced by “section OK 13 of the Income Tax Act 2007”.

Section 181C Section 181C(1)(a): “section ME 9(1) of the Income Tax Act 2004” is replaced by “section OB 65 of the Income Tax Act 2007”.

Section 181C(1)(a) and (b): “imputation year” is replaced by “tax year” in each place where it appears.
3327 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Section 181D Section 181D: “section MK 8(5) or (5B) of the Income Tax Act 2004” is replaced by “sections OK 23 and 24 of the Income Tax Act 2007”.

Section 180D: “imputation year” is replaced by “tax year”.

Section 183 Section 183(1)(e)(i): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.

Section 183A Section 183A(1)(e): “dividend withholding payment” is replaced by “FDP”.
Section 183ABA Section 183ABA(1): “section OB 1 of the Income Tax Act 2004” is replaced by “section YA 1 of the Income Tax Act 2007”.

Section 183H Section 183H(a)(ii): “dividend withholding payment” is replaced by “FDP”.

Section 184 Section 184: “section MD 1 of the Income Tax Act 2004” is replaced by “sections LA 6 to LA 8, RM 2, RM 4 to RM 6, RM 8, and RM 10 of the Income Tax Act 2007”.

Section 185 Section 185(1)(a): “Income Tax Act 2004” is replaced by “Income Tax Act 2007”.
Section 185(1)(b): “sections LD 8 and LD 9 of the Income Tax Act 2004 by way of a refund of dividend withholding payment” is re- placed by “sections LA 6 and LF 8 of the Income Tax Act 2007 by way of a refund of FDP”.

Section 185(1)(e): “subpart KD of the Income Tax Act 2004” is re- placed by “subparts MA to MF and MZ of the Income Tax Act 2007”.

Section 185(1)(f): “section NF 7 or section NG 16 of the Income Tax Act 2004” is replaced by “section RM 8 of that Act”.
3328 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 Section 185—continued Section 185(1)(g): “section NBB 6 of the Income Tax Act 2004” is replaced by “section RP 4 of that Act”.

Section 185D Section 185D(1): “subpart NBB of the Income Tax Act 2004” is replaced by “sections RP 2 to RP 5 of the Income Tax Act 2007 and sections 15C, 15G to 15I, and 15M”.

Section 185D(2): “section NBB 6 of the Income Tax Act 2004” is replaced by “section RP 4 of the Income Tax Act 2007”.
Section 185D(3): “section NBB 6 of this Act” is replaced by “section RP 4 of the Income Tax Act 2007”.

Section 225 Section 225(1), and (1)(a), (e) and (f): “Income Tax Act 2004” is replaced by “Income Tax Act 2007” in each place where it appears.

Section 225(1)(d): “section OC 4 of the Income Tax Act 2004” is replaced by “section 225AA”.
New section 225AA After section 225: insert the following: “225AA Regulations: co-operative dairy and marketing companies “(1) The Governor-General may from time to time, by Order in Council, make regulations for the type of company described in subsection (2) for the purposes described in subsection (3).
“(2) The type of company to which this section applies is a com- pany that— “(a) is 1 of the following: “(i) “(ii) a co-operative dairy company: a co-operative milk marketing company, as de- ﬁned in section 2 of the Co-operative Companies Act 1956: “(iii) a co-operative pig marketing company, as deﬁned in section 2 of the Co-operative Companies Act 1956; and 3329 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 New section 225AA—continued “(b) is registered under Part 2 or Part 3 of the Co-operative Companies Act 1996; and “(c) was in existence at the start of the 1988–89 income year; and “(d) was a company to which any of sections 201 to 203 of the Income Tax Act 1976, in force at the time, applied at the time.
“(3) The purposes for which the regulations can be made are— “(a) “(b) “(c) authorising the Commissioner to classify as income, other than as a dividend, of a shareholder of the com- pany some or all of an amount paid to the shareholder on the surrender of a share in the company, or for a share on the liquidation of the company, that is more than the available subscribed capital per share, calculated under the slice rule, of the share: authorising the Commissioner to allocate the income to an income year or income years as the Commissioner thinks ﬁt: conferring on the Commissioner a discretionary power necessary for the purposes of the regulations.
“(4) The regulations made may apply different rules in relation to different classes of companies.

“Compare: 2004 No 35 s OC 4”.

Section 225A Section 225A, heading: “Part KD credit” is replaced by “family assistance credit”.

Section 225A(1)(a): “chief executive of the department for the time being responsible for the administration of the Social Security Act 1964” is replaced by “chief executive of the administering depart- ment”.
Section 225A(1)(a) and (b), and (2)(a) and (b): “section KD 6(1)(b) of the Income Tax Act 2004” is replaced by “section 80KP” in each place where it appears.

Section 225A(2)(b)(iii) and (iv): “subpart KD credit” is replaced by “family assistance credit” in each place where it appears.
3330 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 50 New section 225B After section 225A: insert the following: “225B Order in Council amending schedule 27 “(1) The Governor-General may from time to time, by Order in Council, amend schedule 27 of the Income Tax Act 2007 by— adding a country or territory outside New Zealand: “(a) adding types of income for a country or territory outside “(b) New Zealand: omitting a country or territory outside New Zealand: “(c) “(d) omitting types of income for a country or territory out- side New Zealand.
“(2) An amendment by Order in Council under subsection (1)(a) or (b) is repealed on 31 December in the tax year following the tax year in which the Order in Council is made, unless Parliament otherwise enacts.

“Compare: 2004 No 35 s LC 1A(1), (2)”.

Section 226 Section 226(1) and (2): “Income Tax Act 2004” is replaced by “In- come Tax Act 2007” in each place where it appears.

Schedule Schedule: add “Income Tax Act 2007”.


Schedule 50 section 3(4)(b): item repealed (with effect on 1 April 2008), on 6 October 2009, by section 591(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 50 Part 2B: item repealed (with effect on 1 April 2008), on 6 October 2009, by section 591(2) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 50 section 33A(1)(a)(iiic): item repealed, on 1 April 2008, by section 561 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

Schedule 50 section 33C(1)(b): item repealed, on 1 April 2008, by section 561 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
Schedule 50 section 61: item amended (with effect on 1 April 2008), on 29 August 2011 (applying for the 2008–09 and later income years), by section 140(1) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).

Schedule 50 section 120KE(6)(a): item repealed, on 1 April 2008, by section 561 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
Schedule 50 section 125(d): item repealed (with effect on 1 April 2008), on 6 October 2009, by section 591(3) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

3331 Schedule 50 Income Tax Act 2007 Reprinted as at 29 May 2012 Schedule—continued Schedule 50 section 141B: item repealed, on 1 April 2008, by section 561 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
3332 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 51 Schedule 51 Identiﬁed changes in legislation s ZA 3(5) Provisions in Income Tax Act 2007 or Tax Administration Act 1994 (TAA) Business-related provisions, listed in the appendix to this schedule CD 39(9)(b), (c) FA 3(2) FA 5(6) FA 9(2) and (3) FC 2 to FC 6 GB 1 Change The tax year basis for these provisions is omit- ted, or changed to an income year basis.
A dividend payable to a shareholder by a com- pany when the amount is applied under section CD 39(9)(a) by the shareholder against a loan from the company to the shareholder includes a dividend that is paid without any withhold- ing of an amount of resident withholding tax or non-resident withholding tax.

An ambiguity is removed, which ensures that an amount of the dividend is treated as being derived on the sale of the shares to the extent to which it matches any trading loss of the share dealer.
The time of association is clariﬁed as being the time at which the associated person acquires the asset.

The time of association is clariﬁed as being the time at which the associated person acquires the asset.

The transfer on death to the executor/adminis- trator and the subsequent transfer from the ex- ecutor/administrator to the estate is treated as one transfer.

Section GB 1(3) is clariﬁed to conﬁrm that the amount of the dividend derived is part of the consideration for the shares.
3333 Schedule 51 Income Tax Act 2007 Reprinted as at 29 May 2012 Provisions in Income Tax Act 2007 or Tax Administration Act 1994 (TAA) GB 27(2)(c) GB 35(2)(d) GB 42(2)(d) HC 27(2) HC 34(2) IA 4(1) LA 1 to LA 10 LC 9(2) 3334 Change The $60,000 threshold is clariﬁed in order to take into account all income that would be at- tributed under section GB 29.

The ambiguity is removed in order to clarify that multiple purposes are referred to.


The deﬁnition of settlor is clariﬁed so that any transfer to a trust that increases the net assets of the trust is a settlement on the trust and any deductible payments settled on a trust are in- cluded in trustee income.

The date for the payment of tax on a taxable distribution from a non-complying trust is the terminal tax date of the person liable to pay that tax.
Carried forward tax losses are used ﬁrst by a person, before the losses may be grouped or otherwise used.

Tax credits (other than personal and family tax credits) are used for the year that corresponds to the income year in which the credits arise.

This rule relates to the housekeeper and low income tax credits (formerly termed rebates).

The policy of the rule is to apportion income of an absentee between periods of the person’s absence and presence in New Zealand.
The apportionment set out in the bill is on a daily basis.

In the interests of simpliﬁcation, the bill omits from the 2004 Act corresponding rule, the formula that apportioned the income on a “weeks” basis for persons with “regular pay periods”.
A change in effect is anticipated, but Reprinted as at 29 May 2012 Provisions in Income Tax Act 2007 or Tax Administration Act 1994 (TAA) MC 6 RD 36(2) YA 1, deﬁnition of land YA 1, deﬁnition of mortgage Income Tax Act 2007 Schedule 51 Change the omission should result at most in a small difference in outcome in favour of taxpayers.

The New Zealand Law Society indicated in their submission on the bill that it would be preferable to list this as an intended change.
The reference to veteran’s pension is omitted because the in-work tax credit is an incentive to return to work.

A dividend payable to a shareholder by a com- pany when the amount is applied under sec- tion RD 36(1) by the shareholder against a loan from the company to the shareholder includes a dividend that is paid without any withhold- ing of an amount of resident withholding tax or non-resident withholding tax.
The provision is simpliﬁed and structured so that the ﬁrst 3 paragraphs of the rewritten def- inition are to apply generally for the Act.

This is consistent with the objectives of plain acces- sible legislation and is thought highly unlikely to result in any material change in law.

How- ever, as this change in drafting could conceiv- ably result in a change in outcome in some cir- cumstances, the change should be identiﬁed for readers.
The deﬁnition of mortgage was introduced at a time when mortgages were subject to tax as a subset of land tax.

The drafting in the bill provides for an updated and simpliﬁed term to apply generally for the Act.

This is consis- tent with the objectives of plain accessible and up-to-date legislation and is thought highly un- likely to result in any material change in law.
3335 Schedule 51 Income Tax Act 2007 Reprinted as at 29 May 2012 Provisions in Income Tax Act 2007 or Tax Administration Act 1994 (TAA) YA 1, deﬁnition of natural resource YA 1, deﬁnition of pay Change However, as this change in drafting could con- ceivably result in a change in outcome in some circumstances, the change should be identiﬁed for readers.

A deﬁnition of natural resource is inserted for the purposes of section BH 1, and the deﬁni- tions of land and New Zealand.
The provision is simpliﬁed and structured so it is to apply generally for the Act.

This is con- sistent with the objectives of plain accessible legislation and is thought highly unlikely to re- sult in any material change in law.

However, as this change in drafting could conceivably result in a change in outcome in some circumstances, the change should be identiﬁed for readers.
Schedule 51: amended (with effect on 1 April 2008), on 21 December 2010 (applying for the 2008–09 and later income years), by section 141(1) of the Taxation (GST and Remedial Matters) Act 2010 (2010, No 130).

Schedule 51: amended (with effect on 1 April 2008), on 21 December 2010 (applying for the 2008–09 and later income years), by section 141(2) of the Taxation (GST and Remedial Matters) Act 2010 (2010, No 130).
Schedule 51: amended (with effect on 1 April 2008), on 7 December 2009, by section 125(1) of the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 (2009 No 63).

Schedule 51: amended (with effect on 1 April 2008), on 7 December 2009, by section 125(2) of the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 (2009 No 63).
Schedule 51: amended (with effect on 1 April 2008), on 6 October 2009, by section 592 of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
3336 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 51 Appendix: tax year omitted, or changed to income year CC 11 CC 12 CG 7 CH 6 CS 18 CV 12 CV 13 CV 14 CW 53 CW 54 CX 59 DB 57 EY 11 FA 3 FA 5 FA 8 FA 9 FA 10 FA 11 FB 2 FB 8 FB 13 FB 19 FB 20 FC 4(2)(c) FE 2 FE 5 FE 7 FE 8 FE 21 FE 22 FE 37 FF 2 FO 20 GB 1 GB 4 GB 27 GB 28 GB 29 GC 5 GC 9(1) HA 42 HC 7 HC 8 HC 10(4) HC 13 HC 15 HC 16 HC 17 HC 18 HC 19 HC 20 HC 21 HC 22 HC 25 HC 26(1) HC 29 HC 30(6) HC 31 HC 32(1) HC 34 HC 35(4)(a) HC 36(3) HD 5 HF 7 HR 3(1)–(4) 3337 Schedule 51 Income Tax Act 2007 Reprinted as at 29 May 2012 RD 3 RF 2 RG 7(4) and (7) YA 1, deﬁnition of ﬁrst business day YA 1, deﬁnition of herd livestock 93B TAA FF 5 FF 6 FF 7 FF 9 FF 10 FM 14 FN 14 FO 4 FO 7 FO 9 FO 12 FO 13 FO 14 FO 16 FO 19 3338 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Schedule 52 Comparative tables of old and rewritten provisions s ZA 6 Part A—Income Tax Act 2004 and other legislation and regu- lations: corresponding provisions in Income Tax Act 2007 or Tax Administration Act 1994.
Part B—Income Tax Act 2007: corresponding provisions in the Income Tax Act 2004 and other legislation and regulations.

Part C—New provisions in the Tax Administration Act 1994: cor- responding provisions in the Income Tax Act 2004.

Part A Income Tax Act 2004 and other legislation and regulations: corresponding provisions in Income Tax Act 2007 or Tax Administration Act 1994 Notes 1 2 The letters “TAA” indicate that the provision referred to ap- pears in the Tax Administration Act 1994.
Provisions shown as omitted have been omitted because they are spent or redundant.
Provision in Income Tax Act 2004 (unless otherwise stated) A 1 A2 PART A AA 1 AA 2 AA 3(1) AA 3(2) PART B Subpart BA BA 1 Subpart BB BB 1 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 A 1 A 2 AA 1 AA 2 omitted AA 3 BA 1 BB 1 3339 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) BB 2 BB 2(3) BB 3 Subpart BC BC 1 BC 2 BC 3 BC 4 BC 4(4) BC 5 BC 6(1) BC 6(2)–(4) BC 6(5) BC 7 BC 8(1) BC 8(2) BC 9 BC 9(1) BC 10 Subpart BD BD 1 BD 2 BD 3 BD 4 Subpart BE BE 1 BE 1(1), (4), (5) BE 1(2), (3), (6) Subpart BF BF 1 3340 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 BB 2 RA 4 BB 3 BC 1, RB 2 BC 2 BC 3 BC 4 IA 2(1), (2), IA 3(2)(a), (4) BC 5 BC 6(1) omitted BC 6(2) BC 7, RB 3 LA 7 LA 4 BC 8, LA 2, LA 3, LA 5, LA 10, RA 3 LA 4, LA 9 LA 4, LA 5 BD 1 BD 2 BD 3 BD 4 BE 1 RA 5 RA 6 BF 1 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 Subpart BG BG 1 Subpart BH BH 1 PART C Subpart CA CA 1 CA 2 Subpart CB CB 1 CB 2 CB 3 CB 4 CB 4B CB 5 CB 6 CB 6B CB 7 CB 8 CB 9 CB 10 CB 11 CB 12 CB 13 CB 14 CB 15 CB 16 CB 17 CB 18 CB 19 CB 20 BG 1 BH 1 CA 1 CA 2 CB 1 CB 3 CB 4 CB 5 CB 26 CB 6 CB 7 CB 8 CB 9 CB 10 CB 11 CB 12 CB 13 CB 14 CB 15 CB 16 CB 17 CB 18 CB 19 CB 20 CB 21 CB 22 3341 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CB 21 CB 22 CB 23 CB 24 CB 24B CB 25 CB 26 CB 27 CB 28 Subpart CC CC 1 CC 2 CC 3 CC 4 CC 5 CC 6 CC 7 CC 8 CC 9 CC 10 Subpart CD CD 1 CD 1B CD 2 CD 3 CD 4 CD 5 CD 6 CD 7 CD 7B CD 7C 3342 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CB 23 CB 24 CB 25 CB 27 CB 28 CB 29 CB 30 CB 31 CB 32 CC 1 CC 2 CC 3 CC 4 CC 5 CC 6 CC 7 CC 8 CC 9 CC 10 CD 1 CD 2 CD 3 CD 4 CD 5 CD 6 CD 7 CD 8 CD 9 CD 10
 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CD 8 CD 9 CD 10 CD 10B CD 10C CD 11 CD 12 CD 13 CD 14 CD 15 CD 16 CD 17 CD 18 CD 19 CD 20 CD 21 CD 21B CD 22 CD 23 CD 24 CD 24B CD 25 CD 26 CD 27 CD 28 CD 29 CD 30 CD 31 CD 32 CD 33 CD 34 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CD 13 CD 15, OC 1(5) CD 16 CD 17 CD 18 CD 19 CD 20 CD 21 CD 22 CD 23 CD 24 CD 25 CD 26 CD 27 CD 28 CD 29 CD 30 CD 31 CD 32 CD 33 CD 34 CD 35 CD 36 CD 38 CD 39 CD 40 CD 41 CD 42 CD 43 CD 44 CD 45 3343 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CD 35 CD 36 CD 37 CD 38 CD 39 CD 40 CD 41 CD 42 CD 43 Subpart CE CE 1 CE 2 CE 3 CE 4 CE 5 CE 6 CE 7 CE 8 CE 9 CE 10 CE 11 CE 12 Subpart CF CF 1 CF 2 Subpart CG CG 1 CG 2 CG 3 CG 4 CG 5 3344 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CD 46 CD 47 CD 48 CD 49 CD 50 CD 51 CD 52 CD 53 CD 54 CE 1 CE 2 CE 3 CE 4 CE 5 CE 6 CE 7 CE 8 CE 9 CE 10 CE 11 CE 12 CF 1 CF 2 CG 1 CG 2 CG 3 CG 4 CG 5 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CG 6 Subpart CH CH 1 CH 2 CH 3 CH 4 CH 5 Subpart CP CP 1 Subpart CQ CQ 1 CQ 2 CQ 3 CQ 4 CQ 5 CQ 6 Subpart CR CR 1 CR 2 Subpart CS CS 1 CS 2 CS 3 CS 4 CS 5 CS 6 CS 7 CS 8 CS 9 CS 10 CS 11 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CG 6 CH 1 CH 2 CH 3 CH 4 CH 5 CP 1 CQ 1 CQ 2 CQ 3 CQ 4 CQ 5 CQ 6 CR 1 CR 2 CS 1 CS 2 CS 3 CS 4 CS 5 CS 6 CS 7 CS 8 CS 9 CS 10 CS 11 3345 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CS 12 CS 13 CS 14 CS 15 CS 16 CS 17 Subpart CT CT 1 CT 2 CT 3 CT 4 CT 5 CT 6 CT 7 Subpart CU CU 1 CU 2 CU 3 CU 4 CU 5 CU 6 CU 7 CU 8 CU 9 CU 10 CU 11 CU 12 CU 13 CU 14
 CU 15 CU 16 3346 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CS 12 CS 13 CS 14 CS 15 CS 16 CS 17 CT 1 CT 2 CT 3 CT 4 CT 5 CT 6 CT 7 CU 1 CU 2 CU 3 CU 4 CU 5 CU 6 CU 7 CU 8 CU 9 CU 10 CU 11 CU 12 CU 13 CU 14 CU 15 CU 16 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CU 17 CU 18 CU 19 CU 20 CU 21 CU 22 CU 23 CU 24 CU 25 CU 26 CU 27 CU 28 CU 29 Subpart CV CV 1 CV 2 CV 3 CV 4 Subpart CW CW 1 CW 2 CW 3 CW 4 CW 5 CW 6 CW 7 CW 8 CW 9 CW 10 CW 11 CW 11B Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CU 17 CU 18 CU 19 CU 20 CU 21 CU 22 CU 23 CU 24 CU 25 CU 26 CU 27 CU 28 CU 29 CV 1 CV 6 CV 7 CV 8 CW 1 CW 2 CW 3 CW 4 CW 5 CW 6 CW 7 CW 8 CW 9 CW 10 CW 11 CW 12 3347 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CW 11C CW 12 CW 13 CW 14 CW 15 CW 16 CW 17 CW 18 CW 19 CW 20 CW 21 CW 22 CW 22B CW 23 CW 23B CW 24 CW 25 CW 26 CW 27 CW 28 CW 28B CW 29 CW 30 CW 31 CW 32 CW 33 CW 34 CW 35 CW 36 CW 37 CW 38 3348 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CW 13 CW 16 CW 17 CW 18 CW 19 CW 20 CW 21 CW 22 CW 23 CW 24 CW 25 CW 26 CW 27 CW 28 CW 29 CW 30 CW 31 CW 32 CW 33 CW 34 CW 35 CW 36 CW 37 CW 38 CW 39 CW 40 CW 41 CW 42 CW 43 CW 44 CW 45 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CW 39 CW 40 CW 40B CW 41 CW 42 CW 43 CW 44 CW 45 CW 45B CW 46 CW 47 CW 48 CW 49 CW 49B CW 50 CW 51 Subpart CX CX 1 CX 1B CX 2 CX 3 CX 4 CX 5 CX 6 CX 6B CX 7 CX 8 CX 9 CX 10 CX 11 CX 12 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CW 46 CW 47 CW 48 CW 49 CW 50 CW 51 CW 52 CW 56 CW 57 CW 58 CW 59 CW 60 CW 61 CW 62 CW 64 omitted CX 1 CX 50 CX 2 CX 3 CX 4 CX 5 CX 6 CX 7 CX 8 CX 9 CX 10 CX 11 CX 12 CX 13 3349 Schedule
 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CX 13 CX 14 CX 15 CX 16 CX 17 CX 18 CX 18B CX 19 CX 20 CX 20B CX 21 CX 22 CX 23 CX 24 CX 25 CX 26 CX 26B CX 27 CX 27B CX 28 CX 29 CX 30 CX 31 CX 32 CX 33 CX 34 CX 35 CX 36 CX 37 CX 38 CX 39 3350 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CX 14 CX 15 CX 16 CX 17 CX 19 CX 20 CX 21 CX 22 CX 23 CX 24 CX 25 CX 26 CX 27 CX 28 CX 29 CX 30 CX 31 CX 32 CX 33 CX 34 CX 35 CX 36 CX 37 CX 38 CX 39 CX 40 CX 41 CX 42 CX 43 CX 44 CX 45 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CX 40 CX 41 CX 41B CX 42 CX 43 CX 43B CX 44 CX 44B CX 44C CX 44D CX 44E CX 45 Subpart CY CY 1 Subpart CZ CZ 1 CZ 2 CZ 3 CZ 4 CZ 5 CZ 6 CZ 7 CZ 8 CZ 9 CZ 10 CZ 11 CZ 12 CZ 13 CZ 14 CZ 15 CZ 16 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CX 46 CX 47 CX 48 CX 49 CX 51 CX 52 CX 53 CX 54 CX 55 CX 56 CX 57 omitted omitted CZ 1 CZ 2 CZ 3 CZ 4 CZ 5 CZ 6 CZ 7 CZ 8 CZ 9 CZ 10 CZ 11 CZ 12 CZ 13 CZ 14 CZ 15 CZ 16 3351 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) CZ 17 CZ 18 CZ 19 CZ 20 PART D Subpart DA DA 1 DA 2 DA 3 DA 4 Subpart DB DB 1 DB 2 DB 3 DB 4 DB 5 DB 6 DB 7 DB 8 DB 9 DB 9B DB 10 DB 11 DB 12 DB 12B DB 12C DB 13 DB 13B DB 14 DB 15 DB 16 3352 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CZ 17 CZ 18 CZ 19 CZ 22 DA 1 DA 2 DA 3 DA 4 DB 1 DB 2 DB 3 DB 4 DB 5 DB 6 DB 7 DB 8 DB 11 DB 12 DB 13 DB 14 DB 15 DB 16 DB 17 DB 18 DB 19 DB 20 DB 21 DB 22 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) DB 17 DB 18 DB 19 DB 20 DB 21 DB 22 DB 23 DB 24 DB 25 DB 26 DB 27 DB 28 DB 28B DB 29 DB 30 DB 31 DB 32 DB 33 DB 34 DB 35 DB 36 DB 37
 DB 38 DB 39 DB 40 DB 41 DB 42 DB 43 DB 43B DB 43C DB 44 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 DB 23 DB 24 DB 26 DB 27 DB 28 DB 30 DB 31 DB 32 DB 33 DB 34 DB 35 DB 36 DB 37 DB 38 DB 39 DB 40 DB 41 DB 42 DB 43 DB 44 DB 45 DB 46 DB 47 DB 48 DB 49 DB 50 DB 51 DB 52 DB 53 DB 54 DB 55 3353 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) DB 45 Subpart DC Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 DB 56 DC 1 DC 2 DC 3 DC 4 DC 5 DC 6 DC 7 DC 8 DC 9 DC 10 DC 11 DC 12 DC 13 DC 14 Subpart DD DD 1 DD 2 DD 3 DD 4 DD 5 DD 6 DD 7 DD 8 DD 9 DD 10 DD 11 Subpart DE DE 1 DE 2 3354 DC 1 DC 2 DC 3 DC 4 DC 6 DC 7 DC 8 DC 9 DC 10 DC 11 DC 12 DC 13 DC 14 DC 15 DD 1 DD 2 DD 3 DD 4 DD 5 DD 6 DD 7 DD 8 DD 9 DD 10 DD 11 DE 1 DE 2 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) DE 3 DE 4 DE 5 DE 6 DE 7 DE 8 DE 9 DE 10 DE 11 DE 12 Subpart DF DF 1 DF 2 DF 3 DF 4 Subpart DN DN 1 DN 2 DN 3 DN 4 DN 5 DN 6 DN 7 DN 9 Subpart DO DO 1 DO 2 DO 3 DO 4 DO 4B DO 4C Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 DE 3 DE 4 DE 5 DE 6 DE 7 DE 8 DE 9 DE 10 DE 11 DE 12 DF 1 DF 2 DF 3 DF 4 DN 1 DN 2 DN 3 DN 4 DN 5 DN 6 DN 7 DN 8 DO 1 DO 2 DO 3 DO 4 DO 5 DO 6 3355 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) DO 4D DO 4E “planting”, “plot” DO 4E “replaced area fraction” DO 5 DO 5B DO 6 DO 7 Subpart DP DP 1 DP 2 DP 3 DP 3B DP 4 DP 5 DP 6 DP 7 DP 8 DP 9 DP 10 Subpart DQ DQ 1 DQ 2 DQ 3 DQ 4 Subpart DR DR 1 DR 2 DR 3 Subpart DS DS 1 DS 2 3356 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 DO 7 DO 8 DO 9 DO 10 DO 11 DO 12 DO 13 DP 1 DP 2 DP 3 DP 4 DP 5 DP 6 DP 7 DP 8 DP 9 DP 10(1), (2) DP 11 DQ 1 DQ 2 DQ 3 DQ 4 DR 1 DR 2 DR
 3 DS 1 DS 2 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) DS 3 DS 4 Subpart DT DT 1 DT 2 DT 3 DT 4 DT 5 DT 6 DT 7 DT 8 DT 9 DT 10 DT 11 DT 12 DT 13 DT 14 DT 15 DT 16 DT 17 DT 18 DT 19 DT 20 Subpart DU DU 1 DU 2 DU 3 DU 4 DU 5 DU 6 DU 7 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 DS 3 DS 4 DT 1 DT 2 DT 3 DT 4 DT 5 DT 6 DT 7 DT 8 DT 9 DT 10 DT 11 DT 12 DT 13 DT 14 DT 15 DT 16 DT 17 DT 18 DT 19 DT 20 DU 1 DU 2 DU 3 DU 4 DU 5 DU 6 DU 7 3357 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) DU 8 DU 9 DU 10 DU 11 DU 12 Subpart DV DV 1 DV 2 DV 3 DV 4 DV 5 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 DU 8 DU 9 DU 10 DU 11 DU 12 DV 1 DV 2 DV 3 DV 4 DV 5 DV 5(4)(b) IA 2(4)(b)(i), IA 7(4)(a) DV 6 DV 7 DV 7(2) DV 8 DV 9 DV 9(2) DV 10 DV 10B DV 11 DV 12 DV 13 Subpart DW DW 1 DW 2 Subpart DX DX 1 Subpart DY DY 1 DY 2 3358 DV 6 DV 7 IA 2(4)(b)(ii), IA 7(4)(b) DV 8 DV 9 HC 24(4) DV 10 DV 11 DV 12 DV 13 DV 14 DW 1 DW 2 DX 1 omitted omitted Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 Subpart DZ DZ 1 DZ 2 DZ 3 DZ 4 DZ 5 DZ 6 DZ 7 DZ 8 DZ 9 DZ 10 DZ 11 DZ 12 DZ 13 DZ 14 DZ 15 DZ 16 DZ 17 PART E Subpart EA EA 1 EA 2 EA 3 EA 4 Subpart EB EB 1 EB 2 EB 3 EB 4 EB 5 EB 6 DZ 1 DZ 2 DZ 3 DZ 4 DZ 5 DZ 6 DZ 7 DZ 8 DZ 9 DZ 10 DZ 11 DZ 12 DZ 13 DZ 15 DZ 16 DZ 17 DZ 18 EA 1 EA 2 EA 3 EA 4 EB 1 EB 2 EB 3 EB 4 EB 5 EB 6 3359 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EB 7 EB 8 EB 9 EB 10 EB 11 EB 12 EB 13 EB 14 EB 15 EB 16 EB 17 EB 18 EB 19 EB 20 EB 21 EB 22 EB 23 Subpart EC EC 1 EC 2 EC 3 EC 5 EC 5B
 EC 6 EC 7 EC 8 EC 9 EC 10 EC 11 EC 12 EC 13 3360 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EB 7 EB 8 EB 9 EB 10 EB 11 EB 12 EB 13 EB 14 EB 15 EB 16 EB 17 EB 18 EB 19 EB 20 EB 21 EB 22 EB 23 EC 1 EC 2 EC 3 EC 4 EC 5 EC 6 EC 7 EC 8 EC 9 EC 10 EC 11 EC 12 EC 13 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EC 14 EC 15 EC 16 EC 17 EC 18 EC 19 EC 20 EC 21 EC 22 EC 23 EC 24 EC 25 EC 26 EC 27 EC 28 EC 29 EC 30 EC 31 EC 32 EC 33 EC 34 EC 35 EC 36 EC 37 EC 38 EC 39 EC 40 EC 41 EC 42 EC 43 EC 44 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EC 14 EC 15 EC 16 EC 17 EC 18 EC 19 EC 20 EC 21 EC 22 EC 23 EC 24 EC 25 EC 26 EC 27 EC 28 EC 29 EC 30 EC 31 EC 32 EC 33 EC 34 EC 35 EC 36 EC 37 EC 38 EC 39 EC 40 EC 41 EC 42 EC 43 EC 44 3361 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EC 45 EC 46 EC 47 EC 48 Subpart ED ED 1 ED 2 Subpart EE EE 1 EE 2 EE 3 EE 4 EE 5 EE 6 EE 7 EE 8 EE 9 EE 10 EE 11 EE 12 EE 13 EE 14 EE 15 EE 16 EE 17 EE 18 EE 19 EE 20 EE 21 EE 22 EE 23 3362 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EC 45 EC 46 EC 47 EC 48 ED 1 ED 2 EE 1 EE 2 EE 3 EE 4 EE 5 EE 6 EE 7 EE 8 EE 9 EE 10 EE 11 EE 12 EE 13 EE 14 EE 15 EE 16 EE 17 EE 18 EE 19 EE 20 EE 21 EE 22 EE 23 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EE 24 EE 24B EE 25 EE 25B EE 25C EE 25D EE 25E EE 26 EE 26B EE 27 EE 27B EE 28 EE 29 EE 30 EE 31 EE 32 EE 33 EE 34 EE 35 EE 36 EE 37 EE 38 EE 39 EE 40 EE 41 EE 42 EE 43 EE 44 EE 44B EE 45 EE 46 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EE 24 EE 25 EE 26 EE 27 EE 28 EE 29 EE 30 EE 31 EE 32 EE 33 EE 34 EE 35 EE 36 EE 37 EE 38 EE 39 EE 40 EE 41 EE 42 EE 43 EE 44 EE 45 EE 46
 EE 47 EE 48 EE 49 EE 51 EE 52 EE 53 EE 54 EE 55 3363 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EE 47 EE 48 EE 49 EE 50 EE 51 EE 52 EE 53 EE 54 EE 55 EE 56 EE 57 EE 58 Subpart EF EF 1 EF 2 EF 3 EF 4 EF 5 EF 6 Subpart EG EG 1 EG 2 EG 3 Subpart EH EH 1 EH 2 EH 3 EH 4 EH 5 EH 6 EH 7 3364 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EE 56 EE 57 EE 58 EE 59 EE 60 EE 61 EE 62 EE 63 EE 64 EE 65 EE 66 EE 67 EF 1 EF 2 EF 3 EF 4 EF 5 EF 6 EG 1 EG 2 EG 3 EH 1 EH 2 EH 3 EH 4 EH 5 EH 6 EH 7 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EH 8 EH 9 EH 10 EH 11 EH 12 EH 13 EH 14 EH 15 EH 16 EH 17 EH 18 EH 19 EH 20 EH 21 EH 22 EH 23 EH 24 EH 25 EH 26 EH 27 EH 28 EH 29 EH 30 EH 31 EH 32 EH 33 EH 34 EH 35 EH 37 EH 38 EH 39 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EH 8 EH 9 EH 10 EH 11 EH 12 EH 13 EH 14 EH 15 EH 16 EH 17 EH 18 EH 19 EH 20 EH 21 EH 22 EH 23 EH 24 EH 25 EH 26 EH 27 EH 28 EH 29 EH 30 EH 31 EH 32 EH 33 EH 34 EH 35 EH 36 EH 37 EH 38 3365 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EH 40 EH 41 EH 42 EH 43 EH 44 EH 45 EH 46 EH 47 EH 48 EH 49 EH 50 EH 51 EH 52 EH 53 EH 54 EH 55 EH 56 EH 57 EH 58 EH 59 EH 60 EH 61 EH 62 EH 64 EH 65 EH 66 EH 67 EH 68 EH 69 EH 70 EH 71 3366 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EH 39 EH 40 EH 41 EH 42 EH 43 EH 44 EH 45 EH 46 EH 47 EH 48 EH 49 EH 50 EH 51 EH 52 EH 53 EH 54 EH 55 EH 56 EH 57 EH 58 EH 59 EH 60 EH 61 EH 62 EH 63 EH 64 EH 65 EH 66 EH 67 EH 68 EH 69 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EH 72 EH 73 EH 74 EH 75 EH 76 EH 77 EH 78 EH 79 EH 80 EH 81 Subpart EI EI 1
 EI 2 EI 3 EI 3B EI 4 EI 5 EI 6 EI 7 EI 8 Subpart EJ EJ 1 EJ 2 EJ 3 EJ 4 EJ 5 EJ 6 EJ 7 EJ 8 EJ 9 EJ 10 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EH 70 EH 71 EH 72 EH 73 EH 74 EH 75 EH 76 EH 77 EH 78 EH 79 EI 1 EI 2 EI 3 EI 4 EI 5 EI 6 EI 7 EI 8 EI 9 EJ 1 EJ 2 EJ 3 EJ 4 EJ 5 EJ 6 EJ 7 EJ 8 EJ 10 EJ 11 3367 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EJ 11 EJ 12 EJ 13 EJ 14 EJ 15 EJ 16 EJ 17 EJ 18 EJ 19 EJ 20 EJ 21 Subpart EK EK 1 EK 2 EK 3 EK 4 EK 5 EK 6 EK 7 EK 8 EK 9 EK 10 EK 11 EK 12 EK 13 EK 14 EK 15 EK 16 EK 17 EK 18 EK 19 3368 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EJ 12 EJ 13 EJ 15 EJ 16 EJ 17 EJ 18 EJ 19 EJ 20 EJ 21 EJ 22 EJ 23 EK 1 EK 2 EK 3 EK 4 EK 5 EK 6 EK 7 EK 8 EK 9 EK 10 EK 11 EK 12 EK 13 EK 14 EK 15 EK 16 EK 17 EK 18 EK 19 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EK 20 EK 21 EK 22 EK 23 Subpart EW EW 1 EW 2 EW 3 EW 4 EW 5 EW 6 EW 7 EW 8 EW 9 EW 10 EW 11 EW 12 EW 13 EW 14 EW 15 EW 16 EW 17 EW 18 EW 19 EW 20 EW 21 EW 22 EW 23 EW 24 EW 25 EW 26 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EK 20 EK 21 EK 22 EK 23 EW 1 EW 2 EW 3 EW 4 EW 5 EW 6 EW 7 EW 8 EW 9 EW 10 EW 11 EW 12 EW 13 EW 14 EW 15 EW 16 EW 17 EW 18 EW 19 EW 20 EW 21 EW 22 EW 23 EW 24 EW 25 EW 26 3369 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EW 27 EW 28 EW 29 EW 30 EW 31 EW 32 EW 33 EW 34 EW 35 EW 36 EW 37 EW 38 EW 40 EW 41 EW 42 EW 43 EW 45 EW 46 EW 47 EW 47B EW 48 EW 49 EW 50 EW 51 EW 52 EW 52B EW 53 EW 54 EW 55 EW 56 EW 57 3370 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EW 27 EW 28 EW 29 EW 30 EW 31 EW 32 EW 33 EW 34 EW 35 EW 36 EW 37 EW 38 EW 39 EW 40 EW 41 EW 42 EW 43 EW
 44 EW 45 EW 46 EW 47 EW 48 EW 49 EW 50 EW 51 EW 52 EW 53 EW 54 EW 55 EW 56 EW 57 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EW 58 EW 59 EW 60 EW 61 EW 62 EW 63 Subpart EX EX 1 EX 2 EX 3 EX 4 EX 5 EX 6 EX 7 EX 8 EX 9 EX 10 EX 11 EX 12 EX 13 EX 14 EX 15 EX 16 EX 17 EX 18 EX 19 EX 20 EX 21 EX 22 EX 23 EX 24 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EW 58 EW 59 EW 60 EW 61 EW 62 EW 63 EX 1 EX 2 EX 3 EX 4 EX 5 EX 6 EX 7 EX 8 EX 9 EX 10 EX 11 EX 12 EX 13 EX 14 EX 15 EX 16 EX 17 EX 18 EX 19 EX 20 EX 21 EX 22 EX 23 YA 1 “grey list company” 3371 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EX 25 EX 26 EX 27 EX 28 EX 29 EX 30 EX 31 EX 32 EX 33(1), (2) EX 33(3) EX 33(4) EX 33(5) EX 33B(1), (3) EX 33B(2), (3) EX 33C EX 33D EX 33E EX 34 EX 35 EX 36 EX 37 EX 38 EX 39 EX 40 EX 40B EX 41 EX 42 EX 43 EX 44 EX 44(7) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EX 24 EX 25 EX 26 EX 27 EX 28 EX 29 EX 30 EX 34 EX 35 EX 36 EX 37 EX 38 EX 39 EZ 32 EX 31 EX 32 EX 33 EX 40 EX 41 EX 42 EX 43 EX 44 EX 45 EX 46 EX 47 EX 48 EX 49 EX 50 EX 51 EX 57 EX 44B(1), (3) EX 53(1)(b) 3372 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EX 44B(2) EX 44B(4) EX 44C EX 44C(11) EX 44D EX 44D(13) EX 44E EX 45 EX 45(15) EX 45B EX 45B(17) EX 46 EX 47 EX 48 EX 49 EX 50 EX 51 EX 52 EX 53 EX 54 EX 54B EX 56 EX 57 EX 58 EX 59 EX 60 Subpart EY EY 1 EY 2 EY 3 EY 4 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EX 52(1)(b) omitted EX 52 EX 57 EX 53 EX 57 EX 54 EX 55 EX 57 EX 56 EX 57 EX 58 EX 59 EX 60 EX 61 EX 62 EX 63 EX 64 EX 65 EX 66 EX 67 EX 68 EX 69 EX 70 EX 71 EX 72 EY 1 EY 2 EY 3 EY 4 3373 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May
 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EY 5 EY 6 EY 7 EY 8 EY 9 EY 10 EY 11 EY 12 EY 13 EY 14 EY 15 EY 16 EY 17 EY 18 EY 19 EY 20 EY 21 EY 22 EY 23 EY 24 EY 25 EY 26 EY 27 EY 28 EY 29 EY 30 EY 31 EY 32 EY 33 EY 34 EY 35 3374 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EY 5 EY 6 EY 7 EY 8 EY 9 EY 10 EY 12 EY 13 EY 14 EY 15 EY 16 EY 17 EY 18 EY 19 EY 20 EY 21 EY 22 EY 23 EY 24 EY 25 EY 26 EY 27 EY 28 EY 29 EY 30 EY 31 EY 32 EY 33 EY 34 EY 35 EY 36 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EY 36 EY 37 EY 38 EY 39 EY 40 EY 41 EY 42 EY 42(10) EY 43 EY 44 EY 45 EY 46 EY 47 EY 48 Subpart EZ EZ 1 EZ 2 EZ 3 EZ 4 EZ 4B EZ 4C EZ 5 EZ 6 EZ 8 EZ 9 EZ 10 EZ 11 EZ 12 EZ 13 EZ 14 EZ 15 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EY 37 EY 38 EY 39 EY 40 EY 41 EY 42 EY 43 IA 7(3) EY 44 EY 45 EY 46 EY 47 EY 48 EY 49 EZ 1 EZ 2 EZ 3 EZ 4 EZ 5 EZ 6 EZ 7 EZ 8 EZ 9 EZ 10 EZ 11 EZ 12 EZ 13 EZ 14 EZ 15 EZ 16 3375 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EZ 16 EZ 17 EZ 18 EZ 19 EZ 20 EZ 21 EZ 21B EZ 22 EZ 23 EZ 24 EZ 25 EZ 26 EZ 27 EZ 28 EZ 29 EZ 30 EZ 31 EZ 32 EZ 33 EZ 34 EZ 35 EZ 36 EZ 37 EZ 38 EZ 39 EZ 40 EZ 41 EZ 42 EZ 43 EZ 44 EZ 45 3376 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EZ 17 EZ 18 EZ 19 EZ 20 EZ 21 EZ 22 EZ 23 EZ 24 EZ 25 EZ 26 EZ 27 EZ 28 EZ 29 EZ 30 EZ 31 EZ 33 EZ 34 EZ 35 EZ 36 EZ 37 EZ 38 EZ 39 EZ 40 EZ 41 EZ 42 EZ 43 EZ 44 EZ 45 EZ 46 EZ 47 EZ 48 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) EZ 46 EZ 47 EZ 48 EZ 49 PART F Subpart FB FB 2(1), (1A) FB 2(2) FB 3 FB 4 FB 4A FB 7 Subpart FC FC 1 FC 1(1) FC 2 FC 2(2) FC 2(3) FC 3 FC 4 FC 4(f)(iv) FC 5 FC 5(1) FC
 6(2)–(8) FC 6(4) FC 6(7), (8) FC 7 FC 8 FC 8A(1) FC 8A(2), (3) FC 8B(1) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 EZ 49 EZ 50 EZ 51 EZ 52 YD 5 YD 4 CB 2 EB 24(1)–(4) DB 29 EE 50 FA 2, FZ 1 DB 10 FA 2 DB 10 omitted FA 3 FA 4 DB 25 FA 5 CG 7 FZ 2 DZ 14 CZ 20 FZ 3 DZ 14, FZ 4 FA 6 FA 7 FA 8 3377 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) FC 8B(2) FC 8B(3) FC 8C FC 8D FC 8D(2) FC 8E FC 8F FC 8G FC 8H FC 8H(2) FC 8I FC 8I(3)(a) FC 9 FC 10 FC 10(1)(a) FC 10(1)(c), (5)(c) FC 10(2), (5)(a) FC 10(3) FC 10(4) FC 10(5)(b) FC 10(5)(d)–(f) FC 13 FC 14(1) FC 14(2) FC 15 FC 16 FC 17 FC 18 FC 19 FC 20 FC 21 3378 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 FA 9(1) FA 10(1), (2) FA 10(6), (7) FA 10(3)–(5) CC 12 CC 11, FA 9(2), (3) FA 6 FA 6 FA 11(1), (2) CH 6 FA 11(3)–(7) CH 6 FA 12 FA 12 FA 13 FA 14 FA 15 FA 16 FA 17 omitted CC 13, FA 18 CR 3, YD 8 YD 8 CR 3 DW 3 HD 16 HD 17 CV 16, YD 6(1), (2), (4), (5) CV 16(3), YD 6(3) DW 3 YD 7 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) FC 21(1), (2), (4) FC 21(3), (5) FC 22 FC 23 FC 24 Subpart FCB FCB 1 FCB 2 FCB 2(b) FCB 3 Subpart FD FD 1 FD 2 FD 3(a) FD 3(b)–(e) FD 4(1), (2) FD 4(3)–(8) FD 5 FD 6 FD 6(1) FD 7(1), (2) FD 7(3)–(8) FD 8(1) FD 8(2) FD 8(3), (4), (6), (7) FD 8(5) FD 8(5) proviso FD 8(8) FD 8(9) FD 9 FD 10(1), (2) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CV 1 DW 3 HR 8(1) HR 8(2) HR 8(3)–(6) FL 1 FL 2(1) CD 14 FL 2(2) FM 1, FM 2(1) FM 6(1)–(3), (5) FM 35(1) FM 31(2)–(6) FM 35 FM 38 FM 32 FM 34(1)–(4) HD 11 FM 36 FM 38 FM 37 FM 39 FM 40 FM 41 FM 34(5) FM 42 FM 33 FM 14 FM 15 3379 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) FD 10(3) FD 10(4), (4A) FD 10(4),
 (4B) FD 10(4), (4C) FD 10(5) FD 10(6), (7) FD 10(8) FD 10(9) FD 11 Subpart FDA FDA 1 FDA 2 FDA 2(1)–(3), (5) FDA 3(1), (3) FDA 3(2), (4) FDA 4 FDA 5 FDA 5(3) FDA 6(1) FDA 6(2) FDA 6(3), (4), (7), (8) FDA 6(5) FDA 6(6) FDA 6(9) Subpart FE FE 1(1)(a), (b) FE 1(1)(c) FE 1(2) FE 2 FE 3 FE 4(a) 3380 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 FM 16 FM 18 FM 19 FM 20 FM 17 FM 21 CV 3, FM 23 FM 22 FM 6(4) FN 4 FN 7 FN 9(1), (2) FN 8(2) FN 5 FN 3, FN 9(3) FN 6(1)–(5) HD 11 FN 10 FN 11 FN 12 FN 13 FN 6(6) FN 14 FO 1 FO 4(3) FO 2 FO 6 DV 15(1), (2), FO 8 FO 9 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) FE 4(b) FE 5 FE 6(1)–(3B) FE 6(1), (4) FE 6(3A), (3B) FE 6(5), (6) FE 6(5), (7) FE 6(5), (8) FE 6A FE 7(1)(a), (2) FE 7(1)(b), (3) FE 7(1)(b), (4) FE 8 FE 9 FE 10(1)–(5), (6)(c) FE 10(6)(a) FE 10(6)(b) Subpart FF FF 1 FF 2 FF 3 FF 4 FF 5 FF 6(1)(a) FF 6(1)(a)(iv), (b)(iv), (2) FF 6(1)(b) FF 7(1), (2), (5) FF 7(3), (4), (5) FF 8 FF 9 FF 10 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CV 4, FO 7 FO 11, FO 15 FO 10(1)–(6) FO 16 FO 17 FO 12 FO 13 FO 14 DV 15, FO 10(7) FO 12 FO 13 FO 14 FO 4(1), (2) FO 5 FO 18 FO 19 FO 20 FB 10 FB 9 FB 13 FB 2 FZ 5 FB 3 FB 5 FB 4 FB 6 FB 7 FB 8 FB 15 FB 16 3381 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) FF 11 FF 12 FF 13 FF 13(1) FF 13(1)(a)(i), (3) FF 14 FF 15 FF 16 FF 17(1) FF 17(2), (3) FF 18 FF 19 Subpart FG FG 1 FG 2(1), (6), (8) FG 2(2) FG 2(3) FG 2(4) FG 2(4)–(6) FG 3 FG 4(1) FG 4(2) FG 4(3), (4) FG 4(5), (6) FG 4(7) FG 4(8) FG 4(9), (15), (17) FG 4(10), (11) FG 4(10) FG 4(12)–(14B) FG 4(12), (14C), (14E) 3382 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 FB 17 FB 18 FB 13 EB 24 FB 14 FB 19 FB 21 FB 21 FB 11 FB 12 IZ 1 FB 20 FE 1 FE 2 FE 38 FE 39 FE 40 FE 41 FE 5, FE
 12 FE 12 FE 15 FE 16 FE 8 FE 10(3) FE 11 FE 14(1)–(3) FE 25 FE 26 FE 27 FE 28 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) FG 4(12), (14C), (14E), (14F) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 FE 29 FG 4(14)(D) FG 4(15), (16) FG 5(1) FG 5(2), (10) FG 5(2)–(5), (12), (13) FG 5(6) FG 5(7) FG 5(8) FG 5(9) FG 6 FG 7 FG 8 FG 8B FG 8B(1) FG 8B(3) FG 8C(1), (2), (4)–(7) FG 8C(3) FG 8C(8) FG 8C(9), (10) FG 8D FG 8E FG 8F FG 8G(1)–(3) FG 8G(4) FG 8G(5), (6) FG 8H FG 8I FG 8J FG 9 FG 10 FE 30 FE 3 FE 12 FE 17 FE 18 FE 10(2)(a) FE 11 FE 31 FE 32 FE 13 FE 10(2)(b) CH 9, FE 6 FE 7 CH 10 FE 23 FE 36 omitted FE 35 FE 34 FE 37 FE 8 FE 20 FE 21 FE 22 FE 24 FE 19 FE 10(1) FE 11 FE 14(4) FE 9 3383 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 Subpart FH FH 1 FH 1(1) FH 2 FH 3 FH 3(1) FH 4 FH 5 FH 6 FH 7 FH 8 FH 8(3) FH 8(6) Subpart FI FI 1 FI 2 FI 3 FI 4 FI 5 FI 6 FI 7 FI 8 FI 9 FI 10 FI 11 Subpart FZ FZ 1 FZ 2 PART G Subpart GB GB 1(1)–(2C) 3384 FF 4 FF 2 FF 8 FF 9 FF 10 FF 10 FF 5 FF 6(1), (4), (5) FF 6(2), (3) FF 7 CV 10 FF 11 FC 1 FC 2(1) FC 2(2) FC 3 FC 4 FC 6 FC 5 FC 7 FZ 6(1), (3), (4) FZ 6(2) FC 8 omitted omitted CW 63, DB 58, GA 1 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) GB 1(3) Subpart GC GC 1 GC 2 GC 3 GC 4 GC 5 GC 6 GC 7 GC 8 GC 9(1), (4) GC 9(2) GC 9(3), (4) GC 9(5) GC 9(6) GC 9(7) GC 10 GC 11A GC 11B GC 12 GC 12(1) GC 14 GC 14A GC 14B GC 14C GC 14D GC 14E GC 14F GC 14G GC 15 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CD 11, GB 1 GB 2 GB 3 GB 5 GB 4 GB 6 GB 33 EX 3(2), GB 7 GB 8 EX 3(3)(a), (b), GB 9, GB 10 EX 3(3)(c), (d), GB 11, GB 12 EX 3(3)(e),
 (f), GB 13, GB 14 omitted YD 2(2) EX 3, GB 9– GB 14 GB 15, GB 16 DB 58, GB 17 EJ 9, GB 18 GB 20 GC 12 GB 22 GB 26 GB 27 GB 28 GB 29 GB 27 GB 30 GB 49 GB 32 GC 15(3), (4) CX 18, RD 54 3385 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) GC 16 GC 16(b) GC 17 GC 17B GC 18 GC 19 GC 20 GC 21 GC 22(1), (2) GC 22(3), (7), (8) GC 22(4), (5), (9) GC 23 GC 24 GC 25 GC 26 GC 27 GC 27A(1)–(3) GC 27A(4), (7)–(9) GC 27A(5), (6), (10) GC 28 GC 29(1) GC 29(2), (3) GC 30 GC 31 Subpart GD GD 1(1), (3), (4) GD 1(2), (3A) GD 3(1), (2) GD 3(3) GD 3(4), (5) GD 4 3386 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 schedule 5, clause 4 GB 31 GB 31 GA 2 omitted omitted omitted GB 34 GB 35 TAA 90AF GB 36, LE 1(5) GB 37, LE 1(5) GB 38, LE 1(5) GB 39 GB 40 GB 41 GB 42 TAA 90AG GB 43 GB 44 GB 45 GB 47 GB 48 DB 58, GB 46 GC 1 GC 2 CD 11, CW 63, DB 58, GB 23 omitted GB 24 DB 57, DC 5 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) GD 5 GD 6(1), (2) GD 6(3) GD 7 GD 8(1), (3)–(8) GD 8(2) GD 10 GD 11 GD 12 GD 12(1) GD 12A GD 12B GD 13(1), (2) GD 13(3) GD 13(4), (5) GD 13(6)–(9) GD 13(10) GD 13(11) GD 13(12) GD 13(13) GD 14 GD 15 Subpart GE GE 1 Subpart GZ GZ 1 PART H Subpart HB HB 1(1) HB 1(2) HB 1(3)–(5) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CD 11, DB 58, GB 25 CS 18 CZ 21 DB 59, GC 3 EY 11 omitted DB 59, GC 5 GB 21 DB 58, GB 17 GZ 1 DB 58, EJ 9, GB 19 EJ 9, GB 18 GC 6 GC 7 GC 8 GC 13 GC 9, GC 10 GC 11 GC 12 GC 14 GC 4 DP 10(3)–(5) omitted omitted FM 3 FM 5 FM 4 3387 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) HB 2(1) HB 2(1)(a) HB 2(1)(b) HB 2(1)(c) HB 2(1)(d) HB 2(1)(e) HB 2(2) Subpart HD HD 1(1)(a) HD 1(1)(b), (c), (2) Subpart HE HE 1 HE 2(1), (1A) HE 2(2), (3)
 Subpart HF HF 1(1) HF 1(2), (3)(a), (b), (4) HF 1(3)(c), (5), (6) HF 1(4) HF 1(7) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 FM 3, FM 7 CX 60, FM 8 DV 16(2), FM 10 DV 17, FM 11 DV 16(3), FM 12 CV 2, FM 9 FM 13 HC 2 HR 1 HD 13 HR 2 HR 3(5), (8) CB 33 DV 19 CB 34 HE 4 HE 5 HF 1(8) HF 1(9) “association”, “member” HF 1(9) “rebate” Subpart HG HE 2 YA 1 “association”, “member” HE 3 HG 1(a), (b) HG 1(c), (d) HG 1(d) HG 2 HG 3(1) HG 3(2), (3) HG 3(4), (5) 3388 HA 6(1) HA 1, HA 13 HA 1, HA 20 HA 44 HA 1, HA 5 HA 30 HA 31 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) HG 4(1) HG 4(1)–(3) HG 4(2)(a) HG 4(3) HG 4(4) HG 5(1) HG 5(2) HG 6(1) HG 6(2)(a), (b) HG 6(2)(c) HG 6(3) HG 7 HG 8 HG 9(1) HG 9(2) HG 9(3)–(5) HG 10(a) HG 10(b) HG 11(1), (1A) HG 11(1B), (2), (4) HG 11(3) HG 11(3A) HG 12 HG 12(2) HG 13(1) HG 13(1)–(4) HG 13(1)(a), (1A) HG 13(1)(a)(i), (1A) HG 13(1)(aa) HG 13(5) HG 13(6) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 HA 1, HA 5 HA 8 HA 28 HA 29 HA 30 HA 32 HA 33 HA 34 HA 35 HA 36 HA 37 HA 4, HA 11 TAA 92AB HA 14 HA 20 DB 9 CW 14, HA 17 HA 22 HA 40 HA 41 HA 21 HA 23 HA 42 YA 2(1)–(3) HA 14 HA 15 CW 15 HA 16 HA 17 HA 19 HA 18 3389 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) HG 14 HG 14(a), (b) HG 14(c) HG 14(d) HG 14A HG 15 HG 16 HG 16(1) HG 16(2) HG 16(3), (4) HG 16(4) HG 17 HG 17(1)(a) HG 18 Subpart HH HH 1(1) HH 1(2)–(4), (8), (10) HH 1(5), (6) HH 1(7) HH 1(8), (9) HH 1(9) HH 1(10) HH 1A HH 2 HH 2(2) HH 3(1) HH 3(1), (4) HH 3(2) HH 3(3) HH 3(4) HH 3(5) 3390 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 HA 1, HA 3 HA 5, HA 10 HA 38 HA 4, HA 12 HA 38 HA 39 HA 20, IA 7(2) HA 24 HA 26 HA 27 IA 7(5) HA 25 HA 24 HA 11 YB 21 HC 28 HC 13 CV 13, HC 7(3) HC 1(2)(a), (b), (5) CD 12 HC 27 HC 3 HC 30
 HC 10(2)–(4) CV 13, CX 59, HC 17, HC 18 HC 19 HC 32, HD 12(1) CV 15, HC 23 CX 59, HC 19, HC 22, HC 34(1), IA 3(3) CW 53, HC 20 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) HH 3(5A) HH 3(6) HH 3A–HH 3F HH 3A HH 3A(1)(a) HH 3A(1)(b) HH 3A(2) HH 3B HH 3C HH 3C(1)(a)–(d), (2), (3) HH 3C(1)(e) HH 3D HH 3E HH 3F HH 3F(1)–(2A), (3), (4) HH 3F(2) HH 4(1), (2) HH 4(3), (3A), (6) provisos HH 4(3B) HH 4(3B), (3BB), (3BC) HH 4(4) HH 4(4), (5) HH 4(5) HH 4(7) HH 4(8) HH 5 HH 6(1), (2), (4) HH 6(2)(c), (3) HH 7 HH 8 Subpart HI Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 CV 14, HC 21 HC 1(2)(c) CX 58 HC 35(2) HC 7(2) HC 17 HD 12(1) HC 35(4)(a) HC 35(4)(b)(i), (ii) HC 36 HC 37 HC 36 HC 35(4)(c) HC 35(4)(b)(iii), (iv) HC 36 YA 1 “minor” HC 24(1)–(3), (5) HC 25 CW 54 HC 26 HD 12(2) HC 29 HC 10(4) HC 33 HC 1(2)(c) HC 31 HC 16 HC 15 TAA 93B CV 12, HC 8 3391 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) HI 1 HI 2 HI 3 HI 4(1), (2) HI 4(2) HI 4(3) HI 5(1) HI 5(2), (3) HI 5(4) HI 6 HI 7 HI 8 HI 9 Subpart HJ HJ 1 Subpart HK HK 1 HK 1(1) HK 2 HK 3(1), (1A) HK 3(1A) HK 3(2) HK 3(3) HK 4 HK 5 HK 6 HK 7(1) HK 7(2) HK 8 HK 9 HK 10 3392 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 HF 3 HF 2 HF 11 HF 4(1), (2), (4)–(6) CD 37 CV 11(1), HF 5 CW 53, HF 6 CV 11(1), HF 7 HF 4(3) HF 8 CV 11(2), HF 4(4) HF 9 HF 10 HR 4 HD 3(1), (2), (4) HD 1, HD 18(1) HD 7 HD 4 HC 32 HD 2 HD 3 HD 5(2) HD 5(3) HD 5(1) HD 2, HD 3(2) HD 5(4) HD 6 HD 9 HD 10 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) HK 11 HK 12 HK 13 HK 16 HK 17 HK 18 HK 18(1) HK 19 HK 20 HK 21 HK 22 HK 23 HK 24(1), (4) HK 24(2) HK 24(3) HK 25 HK 26 Subpart HL HL 1 HL 2 HL 3 HL 4 HL 5 HL 6 HL 7 HL 8 HL 9 HL 10 HL 11 HL
 11B HL 12 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 HD 15 HD 14(1) HD 14(2)–(6) HD 18(1), HD 20 HD 20 TAA 166B HD 24 HD 25 HD 19 HD 21 HD 23 HD 22 HD 26 HD 27(1) HD 28 HD 27(2) HD 29 HL 1 HL 2 HL 3 HL 4 HL 5 HL 6 HL 7 HL 8 HL 9 HL 10 HL 11 HL 12 HL 13 3393 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) HL 13 HL 14 HL 15 HL 16 HL 17 HL 18 HL 19 HL 20 HL 21 HL 22 HL 23 HL 23B HL 24 HL 25 HL 26 HL 27 HL 28 HL 29 HL 30 HL 31 Subpart HZ HZ 1 HZ 2 PART I Subpart ID ID 1(1) Subpart IE IE 1(1)(a) IE 1(1), (2) IE 1(1), (3)(a) IE 1(2) 3394 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 HL 14 HL 15 HL 16 HL 17 HL 18 HL 19 HL 20 HL 21 HL 22 HL 23 HL 24 HL 25 HL 26 HL 27 HL 28 HL 29 HL 30 HL 31 HL 32 HL 33 HZ 1 HZ 2 IA 8 IA 1 IA 3(2), (4) IA 2(1), (2) IA 4 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) IE 1(2B) IE 1(2BB) IE 1(2C) IE 1(3)(b) IE 2 IE 2(1) IE 3(1) IE 3(2), (3), (5) IE 3(4) IE 3(5) IE 4(1) IE 4(2)–(6) IE 4(6) Subpart IF IF 1(1) IF 1(2), (3) IF 1(5) IF 1(6) IF 2 IF 3 IF 4 IF 5 IF 6 IF 7 Subpart IG IG 1(1) IG 1(1), (2) IG 1(1), (3) IG 1(2), (5) IG 1(3) IG 2(1), 2(c), (e) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 omitted IA 7(10) IA 7(9) IA 9(1), (2) IZ 1 IA 2(4)(g) IQ 1 IQ 2 IQ 9 IA 2(4)(e), IA 7(5) IQ 1 IQ 3 IA 2(4)(f), IA 7(6) IA 5 IP 3, IP 6 IZ 4 IZ 5 IZ 6 IQ 1(2) IE 1, IE 2, IE 5 IA 9(3), IE 1 IE 1, IE 3(1), (2), IQ 1(4) IV 1 IA 6(1), (2) IC 6 IC 1, IC 2 IC 3 IC 4 IC 1, IC 2 3395 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) IG 2(2) IG 2(2)(b)–(f), (5) IG 2(2)(c), (4)(d)(ii), (5)(c)(ii) IG 2(2)(c), (d)(ii)(B) IG 2(2)(c), (e) IG 2(2)(d), (11) IG 2(2)(e), (4)(c), (d), (5)(b), (c) IG 2(2)(f), (g) IG
 2(2)(g), (3) IG 2(4) IG 2(4)(c)(d), (5)(c), (d), (10) IG 2(4)(e), (f), (5)(e), (f) IG 2(4), (5) IG 2(6) IG 2(7) IG 3 IG 4 IG 4(1) IG 4(4) IG 5 IG 5(1) IG 5(4) IG 6(1A)–(3) IG 6(2) IG 6(4), (6), (7) IG 6(5) IG 6(6) IG 6(7) IG 6(8) IG 6(9) IG 7(1) 3396 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 IC 5 IP 5 IC 6 IZ 7 IC 10 IC 7 IP 2 IC 8 IC 9 IP 4 IP 6 IP 1 IP 7 IC 12 IC 11 omitted IQ 4 IQ 1 IA 7(5) IQ 5 IQ 1 IA 7(6) ID 1 IS 1 ID 2 IA 9(3) ID 3 ID 4 ID 5 IS 1(2) IQ 1 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) IG 7(2) IG 7(2), (3) IG 7(4) IG 7(5) IG 8 IG 9 IG 10 Subpart IH IH 1 IH 1(1) IH 1(2) IH 2 IH 2(1) IH 3 IH 3(1) IH 4 IH 4(1)(e) IH 4(2) IH 4(3) IH 4(3) proviso IH 5 Subpart II II 1(1), (2) II 1(3), (4) II 2 II 3 Subpart IZ IZ 1 IZ 2 IZ 3 IZ 4 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 IQ 6 IA 7 IQ 7 IQ 8 IE 5 IE 4, IE 5 IA 3(1), IW 1 IS 6, IA 7(7) IS 2 IA 7(8), IZ 3 IZ 2 IA 7(8), IS 5(4) IS 5(1)–(3) EJ 14, IA 7(8) IA 7(7) IS 6 IS 1 IS 3 IS 4 IA 7(7), IS 2 IA 7(3) IT 1(1), (2) YA 1 “policyholder loss” IT 1(3), (4) RZ 8(1) RZ 8(3) RZ 7 RZ 8(2), (4)–(6) 3397 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) IZ 5 IZ 6 IZ 7 PART K Subpart KB KB 2 KB 3 Subpart KC KC 1(1)(c) KC 1(1)(a), (b), (4) KC 1(2) KC 1(3) KC 2 KC 3(1) KC 3(2) KC 3(3) “full time earner”, “remunerative work” KC 4(1), (1A) KC 4(2) “child”, “communal home”, “home”, “institution”, “qualifying payments”, “separated person” KC 4(2) “housekeeper” KC 5 KC 5(1) KC 5(1)(aa)–(cp), (4) KC 5(1)(ae)–(cp) Subpart KD KD A1 KD 1(1)(a), (b), (e)(vii), (i), (3) KD 1(1)(e)(i)–(vi) KD 1(1)(f), (2) KD 1(1)(g) 3398 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 RZ 10 RZ 9 YA 2(1)–(3) LC 10 MA 4 LC 2 LC 1 LC 11 LC 12 LC 3 LC 4 LC 11, LC 12 LC 5 LC 6 LC 8
 LC 7 LD 1 LD 2 LD 3 schedule 32 omitted MB 1 omitted MB 3 MB 4 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) KD 1(1)(h) KD 1(4)–(6) KD 1A KD 1A(2) KD 2(1), (2) KD 2(3) KD 2(4) KD 2(5) KD 2(6), (7) KD 2(6B) KD 2(6C) KD 2A KD 2AA(1), (11) KD 2AA(2), (3) KD 2AA(3) KD 2AA(3A) KD 2AA(4) KD 2AA(7)–(11) KD 2AAA(1)(a) KD 2AAA(1)(b) KD 2AAA(1)(c), (3), (4) KD 2AAA(1)(d), (5)–(8) KD 2AAA(1)(e) KD 2AAA(1), (3A) KD 2AAA(2) KD 2AAAB KD 2AB KD 3(1) “qualifying person” KD 3(1) “employment” KD 3(2) KD 3(2)–(5) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 MB 5 MB 2 MC 1 LB 4 LB 4, MD 1 MD 3 MZ 2 MD 12 MD 13 MD 14 MD 15 MD 2 MC 11 MC 10 MD 3(7), MD 11(4) MZ 1(2) MC 4 MC 9 MD 5 MD 6 MD 7 MD 9 MD 8 MD 4 MD 10 MZ 1(2) MD 11 MC 3–MC 6 ME 2(1), (2) LB 4 ME 1 3399 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) KD 3A(2)–(4) KD 3A(5)–(9) KD 3A(10) KD 3B KD 4(2) KD 4(2), (2A) KD 4(4) KD 4(5) KD 5(1), (1A) KD 5(1B)–(1C) KD 5(2)–(2AB) KD 5(2A), (5)(b), (7) KD 5(3), (3A) KD 5(4), (5)(a) KD 5(6) KD 5(6A), (7) KD 5(8) KD 5(9) KD 5(10), (12) KD 5(11) KD 5B KD 5C MF 7 KD 6(1) KD 6(1A) KD 6(1B) KD 6(1C) KD 6(1D) KD 6(2), (3) KD 6(4) KD 7(1) KD 7(2), (2A) 3400 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 MC 7 MC 9 ME 2(3), (4) omitted LA 4, LA 7 MF 6 MF 5 TAA 80KV MF 1 TAA 80KA TAA 80KB TAA 80KF TAA 80KC TAA 80KD MF 3 MF 4 MF 2 TAA 80KG TAA 80KH TAA 80KE omitted TAA 80KN TAA 80KO TAA 80KP TAA 80KQ TAA 80KR TAA 80KS TAA 80KT TAA 80KI TAA 80KM Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) KD 7(2B), (2C) KD 7(3) KD 7(3A), (3B), (3C) KD 7(4) KD 7A KD 8 KD 9 Subpart KE KE 1(1) KE 1(3) Subpart KF KF 3 Subpart KG KG 1(1) KG 1(1) proviso KG 1(2) KG 1(3), (4) Subpart KH KH 1(1),
 (2) KH 1(3) KH 2(1)–(2A), (4) KH 2(3), (5)–(7) Subpart KI KI 1 Subpart KJ KJ 1 KJ 2 KJ 3 KJ 4 KJ 5(1), (5) KJ 5(2) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 TAA 80KK TAA 80KJ TAA 80KU TAA 80KL TAA 80KW MA 3 MA 5 LZ 6, LZ 7 LZ 8 LC 9 LZ 9 LZ 10 LZ 11 LZ 12 LQ 1 LQ 2 LQ 4 LQ 3 LS 1 MK 1, MK 3(2) MK 2 MK 4, MK 8 MK 3(1), (3), (4) MK 7 MK 5 3401 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) KJ 5(3), (4) Subpart KZ KZ 1 KZ 2 KZ 3(1) KZ 3(1), (4) KZ 3(2) KZ 3(3) PART L Subpart LB LB 1(1), (3), (3A) LB 1(1)(a), (2), (3), (3A) LB 1(1)(ab) LB 1(1)(b), (4), (4A), (4B) LB 1(1)(c) LB 1(1)(d) LB 1(1)(e), (5) LB 1(1)(ea) LB 1(1)(f) LB 1(1)(g) LB 1(1)(h) LB 1(1)(hb) LB 1(1)(i) LB 1(1)(j), (k) LB 1(1)(l) LB 1(1)(m) LB 1A LB 2(1), (1B), (1C), (2C) LB 2(1C) LB 2(2) LB 2(2B), (3) 3402 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 MK 6 omitted omitted LZ 5 LZ 2 LZ 3 LZ 4 LO 2 LE 5, LF 3 LE 4, LF 2 LE 6 LE 8 LF 6, LF 8 LE 9, LF 7 LO 3 LE 11 LF 10 LE 10 LE 3 LF 9 LE 1 LF 1 LO 1 LE 4, LF 2 LE 1 LE 7 LA 9 LE 2 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) LB 2(2B), (3B), (3C) LB 2(3), (3A) LB 2(4) LB 2(5), (6) Subpart LC Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 LE 3 IA 2(4)(a) LE 11, TAA 78D LE 10 LC 1(1), (1B), (1C) LJ 2(1), (3), (4) LC 1(1) LC 1(1)–(3), (4), (5) LC 1(2) LC 1(3A), (3B) LC 1(4) LC 1(5) LC 1A(1), (2) LC 1A(3) LC 2 LC 3 LC 4(1) LC 4(1)–(3) LC 4(1), (4) LC 4(1C) LC 4(4) LC 4(4)–(6) LC 4(7) LC 5 LC 8 LC 9 LC 10 LC 11 LC 12 LC 13(1) LC 13(2) LJ 3 LJ 1 LJ 1(1)–LJ 6 LJ 7 LJ 1(5) LJ 1(3) TAA 225B omitted LJ 2(2) LJ 7 LK 3 LK 2 LK 1 TAA 93C LK 4 LK 5 LK 7 LK 6 LK 12, LK 13 LK 14(2) LK 14(1), (3) LK 12 LK 12, LK 15 TAA 78B TAA 78C 3403 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part
 A—continued Provision in Income Tax Act 2004 (unless otherwise stated) LC 14 LC 14(1) LC 14A LC 16(1) LC 16(2), (3) LC 16(4) LC 16(5) Subpart LD LD 1 LD 1(2), (2A), (4), (5) LD 1B LD 2 LD 3 LD 3(2) LD 3(3) LD 3(4) LD 3A LD 3A(1) LD 3A(4) LD 3A(5) LD 3A(6) LD 6 LD 7 LD 8 LD 8(1), (1B), (1C) LD 8(1C) LD 8(3) LD 8(4), (5) LD 9 LD 9(4) LD 10 3404 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 LJ 5 LJ 1, LJ 4 LJ 1(4) LK 8 LK 9 LK 10 LK 11 LA 6 LB 1 LB 6 LA 8 LA 6 LB 3 LA 4 TAA 78D LA 6 LO 1 LA 4 LO 5, TAA 78D LO 4 LA 6, LB 2 LA 6, LB 2 LA 6 LF 1 LF 5 LF 10, TAA 78D LF 9 LF 8, OC 1(6) TAA 78D LS 2 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) LD 10B LD 11 Subpart LE LE 1 LE 2(1), (2), (2A) LE 2(3), (4), (6), (7) LE 2(4), (8) LE 2(5) LE 2(6) LE 2(9), (10) LE 2(11), (12) LE 3(1), (3), (11) LE 3(5) LE 3(6), (8) LE 3(7), (9) LE 3(10) LE 4 LE 4(5) Subpart LF LF 1(1)(a) LF 1(1)(a), (2) LF 1(2) LF 2(2), (3) LF 3(1) LF 3(1)(f), (g), (h) LF 3(2) LF 4 LF 5(1) LF 5(1)(e), (5) LF 5(2)–(5) LF 5(2)(e) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 LS 3 LS 4 LP 1 LP 2 LP 3 LA 9 LP 4 LA 4 LP 5 LP 6 LP 7 LP 2 CV 9, LP 8 LP 9 DX 3, LP 10 DX 3, LP 10 IA 2(4)(c) LL 1 LL 2 LL 9 LL 2, LL 9 LL 2 LL 5 LL 8 LF 6 LL 3 LL 9 LL 4 LL 8 3405 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) LF 6(1), (3) LF 6(4)–(6) LF 6(6) LF 7 Subpart LG LG 1 PART M Subpart MB MB 1 MB 2 MB 3 MB 4 MB 5 MB 6 MB 7 MB 8 MB 8(1), (2) MB 9 MB 10 MB 11 MB 12 MB 13 MB 14 MB 15(1)–(4), (11) MB 15(5)–(10) MB 16 MB 17 MB 18 MB 19 MB 20 MB 21 3406 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 LZ 1 LL 2, TAA 78E TAA 78F DX 2, LL 7 LQ 5 RC 1 RC 3 RC 4 RA 4, RC 5 RC 6 RC 7 RC 8 RC 9 RA 14 RC 10 RC 11 RM 11 RA 2, RC 12 RC 13 RC 14 RC 16 RC 17 RC 15 RC 18 RC 19 RC 20 RC
 21 RC 22 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MB 22 MB 23 MB 24 MB 25 MB 26 MB 27 MB 28 MB 29 MB 30 MB 31 MB 32 MB 33 MB 34 MB 35 MB 36 MB 37 MB 38 Subpart MBA MBA 1 MBA 2 MBA 3 MBA 3(1) MBA 3(1)(d) MBA 4(1), (2), (4) MBA 4(3) MBA 4(5), (6) MBA 5(1)–(4) MBA 5(5), (6) MBA 6(1)–(3) MBA 6(4)–(9) MBA 7 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 RC 23 RC 24 RC 25 RC 26 omitted RC 27 omitted RC 28 RC 29 RC 30 RC 31 RC 32 RC 33 RC 34 RM 12 RC 35 RC 36 RP 1 RP 17 RP 18, TAA 15R TAA 15N TAA 15Q TAA 15P RP 18(3) TAA 15O RP 18 TAA 120OE(1)–(3) RP 19 RP 20 RP 21 3407 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MBA 8 MBA 9 Subpart MBB MBB 1 MBB 2(1)(a), (d) MBB 2(1)(b), (c), (2)–(4) MBB 3 MBB 4 Subpart MC MC 1 Subpart MD MD 1 MD 1(1) MD 1(1A) MD 1(1B) MD 1(2) MD 1(2B) MD 1(3), (3A) MD 1(3), (3A), (4) MD 1(4)(b), (c) MD 2(1), (1A) MD 2(2) MD 2(3), (4) MD 2(5)(a)(ii) MD 2(5), (5A) MD 2(6) MD 2(7) MD 2A MD 2B(1), (1B) MD 2B(2) MD 2B(3) 3408 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 TAA 15S TAA 120OE(4)–(5) omitted RC 37 RC 38 RC 39 RC 40 RA 3, RA 13, RB 1 LA 6–LA 8 RM 2 RM 5 omitted RM 4 RM 6 RB 4 RM 10 RM 8 RM 13 RM 14 RM 15 RZ 6 RM 16 RM 17 RM 32 RM 33 RM 22 RM 23 RM 24 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MD 2B(4), (4B) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 RM 25 MD 2B(5) MD 2B(6) MD 3(1) MD 3(2) MD 3(3) MD 3(4) MD 3(4)(a) MD 5 Subpart ME ME 1(1), (2) ME 1(3) ME 1A ME 1B ME 2 ME 3(1) ME 3(2) ME 4(1)(a)(viii) ME 4(1)(a), (1C), (2)(a) ME 4(1)(aab), (2)(aab) ME 4(1)(ab), (2)(ab) ME 4(1)(ac), (2)(ac) ME 4(1)(ad), (2)(ad) ME 4(1)(c), (2)(a) ME 4(1)(cb), (2)(bb) ME 4(1)(cc), (2)(bc) ME
 4(1)(cd), (2)(bd) ME 4(1)(d), (2)(c) ME 4(1)(da) ME 4(1)(da), (2)(ca) ME 4(1)(e), (2)(c) RM 26 RM 27 RM 28 RM 29 RM 30 RM 31 RZ 6 omitted OA 2(2), (3), OB 1 omitted OB 2 OB 60(6), (7) OA 3(3), (4) OA 2(2), (3), OA 3(2) OA 7 OZ 1 OB 4 OB 19 OB 16 OB 5 OB 6 OB 7 OB 13 OB 14 OB 15 OB 9 OF 5 OB 18 OB 10 3409 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) ME 4(1)(ea), (2)(cb) ME 4(1)(e), (f) ME 4(1)(eb), (ec), (2)(cc) ME 4(1)(ed), (2)(cd) ME 4(1)(f), (2)(d) ME 4(1)(g), (2)(e) ME 4(1)(h), (2)(f) ME 4(1)(i), (2)(g) ME 4(1)(j), (2)(h) ME 4(1)(k), (2)(k) ME 4(1A), (2A) ME 4(1B)(a), (2B)(a) ME 4(1B)(b), (2B)(b) ME 4(1B)(c), (2B)(c) ME 5(1)(a), (2)(a) ME 5(1)(ab), (2)(ab) ME 5(1)(ac), (2)(ac) ME 5(1)(ad), (2)(ac) ME 5(1)(b), (2)(b) ME 5(1)(c), (2)(c) ME 5(1)(d), (2)(d) ME 5(1)(e)(i) ME 5(1)(e), (2)(e) ME 5(1)(ea), (2)(ea), (eb) ME 5(1)(eb), (2)(ea), (eb) ME 5(1)(f), (2)(f) ME 5(1)(fb), (2)(fb) ME 5(1)(g), (2)(g) ME 5(1)(h), (2)(e) ME 5(1)(i), (2)(h) ME 5(1)(ia), (2)(ha) 3410 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OB 20 OC 1(8) OB 22 OB 23 OB 11 OB 12 OB 25 OB 8 OB 17 OB 21 OB 26 OB 27 OB 28 OB 29 OB 30 OB 49 OB 50 OB 51 OB 47 OB 42 OB 31 OZ 2 OB 32 OB 34 OB 35 OB 43 OB 44 OB 36 OB 37 OB 41 OB 40 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) ME 5(1)(j), (2)(i) ME 5(1)(ja), (2)(ia) ME 5(1)(k), (2)(j) ME 5(1)(ka), (2)(ja) ME 5(1)(l), (2)(k) ME 5(1)(m), (2)(k) ME 5(1)(n) ME 5(1)(o), (2)(l), (6), (7) ME 5(1A)(a), (2A) ME 5(1A)(b), (2A) ME 5(1A)(c), (2A) ME 5(3) ME 5(4) ME 6 ME 6(1B)–(1D) ME 6(4)(a) ME 6B ME 7 ME 8(1) ME 8(1), (2) ME 8(2), (3) ME 9(1), (1A), (2) ME 9(3) ME 9(5), (5B) ME 9(5A), (8), (9) ME 9(5B) ME 9(6) ME 9(7)–(9) ME 9B ME 9B(1), (2) ME 9B(2)(a)(i) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OB 54 OB 46 OB 56 OB 48 OB 33
 OB 38 OZ 3 OB 39 OB 57 OB 58 OB 59 OA 8 OZ 4 OB 60(2), OB 62 OB 63 OB 55 OB 64 OB 47 OA 18 OB 60(3)–(5) OB 61 OB 65 OB 66 OB 69 OB 68 IA 2(4)(d) OB 70, YA 2(1)–(3) OB 67 OB 71 OB 13 OB 44 3411 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) ME 9C ME 10 ME 10(1), (1A)–(1C) ME 10(1A)–(1C), (2) ME 10(1A), (1B), (1D) ME 10(1C) ME 11(1)(a), (2)(a) ME 11(1)(aa), (2)(aa) ME 11(1)(ab), (2)(ab) ME 11(1)(b), (2)(b) ME 11(1)(c), (2)(a) ME 11(1)(d), (2)(c) ME 11(1)(e), (2)(c) ME 11(1)(eb), (ec), (2)(cb) ME 11(1)(ed), (2)(cc) ME 11(1)(f), (2)(a) ME 11(1)(fb), (2)(fb) ME 11(1)(g), (2)(d) ME 11(1)(i), (2)(e) ME 11(1)(j), (2)(c) ME 11(1)(jb), (2)(eb) ME 11(1)(k), (2)(d) ME 11(1A), (2A) ME 11(1B)(a), (2B)(a) ME 11(1B)(b), (2B)(b) ME 11(1B)(c), (2B)(c) ME 12(1) ME 12(1)(a), (2)(a) ME 12(1)(ab), (2)(ab) ME 12(1)(ac), (2)(ac) ME 12(1)(ad), (2)(ac) 3412 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OB 72 OP 1 OA 2(2), (3) OA 7 OP 3 OP 4 OP 7 OP 8 OP 9 OP 10 OP 11 OP 12 OP 13 OP 15 OP 16 OP 14 OP 18 OP 19 OP 24 OP 17 OP 20 OP 21 OP 23 OP 25 OP 26 OP 27 OP 5 OP 28 OP 39 OP 40 OP 41 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) ME 12(1)(b), (2)(b) ME 12(1)(c), (2)(c) ME 12(1)(d), (2)(d) ME 12(1)(da), (2)(da) ME 12(1)(db), (2)(da) ME 12(1)(e), (2)(e) ME 12(1)(f), (2)(d) ME 12(1)(h) ME 12(1)(h), (2)(g) ME 12(1)(i), (2)(h) ME 12(1)(j), (2)(h) ME 12(1)(k), (2)(j) ME 12(1)(l), (2)(k) ME 12(1)(m), (2)(k) ME 12(1)(n), (2)(l), (3), (4) ME 12(1A)(a), (2A) ME 12(1A)(b), (2A) ME 12(1A)(c), (2A) ME 13 ME 13(1) ME 13(2) ME 13(2), (3) ME 13(2), (4) ME 13(3) ME 13(6) ME 14(1) ME 14(2) ME 14(3) ME 15 ME 16 ME 17(1) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OP 44 OP 29 OP 30 OP 32 OP 33 OP 43 OP 34, OP 35 OA 8 OP 42 OP 46 OP 47 OP 37 OP 31 OP 36 OP 38 OP 48 OP 49 OP 50 OA
 4, OP 2 OB 3 OP 42 OP 22 OA 8 OB 52 OB 69 OJ 3(1)(a), OP 44 OB 61 OP 6 OA 2(2), (3), OJ 1, OJ 2(1) OA 3(3), (4) OA 2(2), (3), OA 3(2), OJ 2(2), (3) 3413 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) ME 17(2) ME 18(1)(a), (2)(a) ME 18(1)(b), (2)(b) ME 18(1)(bb), (2)(bb) ME 18(1)(bc), (2)(bb) ME 18(1)(c), (2)(c) ME 18(3)(a), (4)(a) ME 18(3)(b), (4)(b) ME 18(3)(c), (4)(c) ME 19 ME 19(1), (2) ME 19(3)–(6) ME 19A ME 20 ME 21 ME 21(1) ME 21(1), (2) ME 21(3), (4) ME 22(1) ME 22(2) ME 23(1)(a), (2)(a), (3), (6)(a) ME 23(1)(b), (2)(b) ME 23(4)(a), (5)(a) ME 23(4)(b), (5)(b) ME 23(4)(c), (5)(c) ME 24 ME 25 ME 26 ME 26(1) ME 26(2) ME 26(2)(a), (3)(a) 3414 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OA 7 OJ 3 OJ 4 OJ 6 OJ 7 OJ 5 OJ 8(4), (5) OJ 9(3), (8) OJ 11(4), (6) LR 1 OJ 8(1)–(3) OJ 9(1), (2), (4)–(7) OJ 11(1)–(3), (5) OA 2(5), TAA 104B OJ 1 OA 2(2), (3) OJ 12 OJ 13 OA 2(2), (3), OA 3(2), OJ 1(4) OA 7 OJ 14 OJ 15 OJ 16(4), (5) OJ 17 OJ 18 LR 1, OJ 16(1)–(3) OA 2(2), (3), OP 1(1), OP 109 OA 3(2) OA 7 OA 2(2), (3) OP 110 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) ME 26(2)(b), (3)(b) ME 26(2)(c), (3)(c) ME 26(2)(d), (3)(d) ME 26(2)(e), (3)(d) ME 26(4)(a), (5)(a) ME 26(4)(b), (5)(b) ME 27 ME 27(1), (3) ME 27(2) ME 28 ME 28(1), (2) ME 28(3), (4) ME 28(4) ME 29 ME 29(1) ME 29(1)(a) ME 29(2) ME 29(2)(a) ME 29(2)(b) ME 30 ME 30(2) ME 30(3), (4) ME 31 ME 32 ME 33 ME 34 ME 35 ME 35(2) ME 36 ME 37 ME 38 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OP 111 OP 112(1), (4) OP 113 OP 114 OP 115(3), (5) OP 116(3), (8) OP 2 OJ 2(4), (5), OP 112(1)–(3) OJ 10 LR 1 OP 115(1), (2), (4) OP 116(1), (2), (4)–(7) OA 4 OB 24, OB 53 OA 10, OA 13 OA 9 OA 17 OA 14 OA 15 OB 73(1)–(3), (8) DV 18 OB 77 OB 73(4)–(7) OB 74 OB 75 OB 76 OB 78, OB 82 DV 18 OB 78
 OB 79 OB 80 3415 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) ME 39 ME 40 ME 41 Subpart MF MF 1(1) MF 1(1), (2) MF 1(3) MF 1(4), (5) MF 2 MF 3(1) MF 3(2) MF 4(1)(a) MF 4(1)(a), (2)(a) MF 4(1)(c), (2)(b) MF 4(1)(d), (2)(c) MF 4(1)(e), (2)(d), (5), (6) MF 4(1)(f), (2)(e) MF 4(3)(a), (4)(a) MF 4(3)(b), (4)(b) MF 4(3)(c), (4)(c) MF 4(3)(d), (4)(d), (5), (6) MF 4(3)(e), (4)(e) MF 4(5) MF 5(1)–(3) MF 5(4)–(7) MF 6 MF 7(1) ME 7(1)(a) MF 7(1), (2) MF 7(2) MF 7(3), (4) 3416 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OB 81 OA 1(5),TAA 104B OB 45, OP 45 OA 2(2), (3), OE 1(1), (4) OE 3 OE 2(1) OE 4 OA 3(3), (4) OA 2(2), (3), OA 3(2) OA 7 OE 2(2) OE 6 OE 7(5), (9), OE 8 OE 9 OE 10 OE 11 OE 2(3), OE 12 OE 13 OE 14 OE 15 OE 16 OA 8, OE 2(6) OE 13(2)–(4) OE 7(1)–(4), (6)–(8), OE 8 OA 1(5), TAA 104B OA 2(2), (3) OE 2(4) OP 97 OP 1(1) OP 98 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MF 8 MF 8(1) MF 8(2)(a), (3)(a) MF 8(2)(c), (3)(b) MF 8(2)(d), (3)(c) MF 8(2)(e), (3)(d) MF 8(4) MF 8(4)(a), (5)(a) MF 8(4)(b), (5)(b) MF 8(4)(c), (5)(c) MF 8(4)(d), (5)(d) MF 9 MF 10(1) MF 10(4), (5), (6) MF 11(1) MF 11(1), (2) MF 11(3) MF 11(4), (5) MF 12(1) MF 12(2) MF 13(1), (2) MF 13(3)(a) MF 13(3)(b) MF 13(3)(c) MF 14 MF 15 MF 16(1) MF 16(1)(a) MF 16(2)(a) MF 16(2)(b) Subpart MG Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OA 3(2) OA 7 OP 100 OP 101, OP 102 OP 103 OP 104 OA 8 OP 105 OP 106 OP 107 OP 108 OA 4, OE 2(5), OP 2, OP 99 OP 106 OP 101, OP 102 OA 2(2), (3), OE 1(2), (4) OE 17 OA 4 OE 18 OA 2(2), (3), OA 3(2) OA 7 OE 19 OE 20 OE 21 OE 22 OE 20(4), (5) OE 5 OA 10 OA 9 OA 14 OA 15 3417 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MG 1 MG 2(1) MG 2(1), (3) MG
 2(2), (3) MG 2(4), (5) MG 2(6), (7) MG 3(1) MG 3(2) MG 4(1)(a), (b) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OA 3(3), (4) OA 2(2), (3) OC 1(1), (2) OC 3 OC 4, OP 52 OC 5 OA 2(2), (3), OA 3(2) OA 7 OC 1(3), (4) MG 4(1)(a), (c), (2)(a), (3) OC 6(1), (2), (3)(a), (4) MG 4(1)(b), (2)(b) MG 4(1)(ba), (2)(ba) MG 4(1)(bb), (2)(bb) MG 4(1)(bc), (2)(bc) MG 4(1)(bd), (2)(bd) MG 4(1)(d), (2)(d) MG 5(1)(a), (2)(a) MG 5(1)(ab), (2)(ab) MG 5(1)(b), (2)(b) MG 5(1)(c), (2)(c) MG 5(1)(ca), (2)(ca) MG 5(1)(d), (2)(d) MG 5(1)(e), (2)(d) MG 5(1)(f), (2)(e) MG 5(1)(g), (2)(e) MG 5(1)(h), (2)(f) MG 5(1)(i), (2)(g), (3), (4) MG 5(1)(j), (2)(h) MG 5(1)(k), (2)(i) MG 5(3) MG 5(4) 3418 OC 7 OC 9 OC 8 OC 10 OC 11 OC 12 OC 13 OC 17 OC 20(2), (9) OC 18 OC 19(1), (4)–(6) OC 14 OC 16 OC 22 OC 23(2), (5) OC 25 OC 24 OC 26 OC 15 OC 1(7) OZ 4 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MG 6 MG 7 MG 8(1) MG 8(1), (2) MG 8(1), (8) MG 8(2), (3) MG 8(2), (3), (8) MG 8(4) MG 8B MG 8B(4) “reduced deﬁcit debit” MG 8B(4) “DWP reference period” MG 8B(4) “maximum deﬁcit debit” MG 8B(4) “policyholder DWP ratio” MG 8B(4) “shareholder DWP ratio” MG 9(1), (2), (6) MG 9(3) MG 9(4), (5A) MG 9(5) MG 9(7), (8) MG 10 MG 10(1) MG 11 MG 12 MG 13 MG 13(1) MG 13(3) MG 13(6), (7) MG 14(1) MG 14(1)(a), (2)(a) MG 14(1)(b), (2)(a) MG 14(1)(bb), (2)(ab) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OC 27(1), (2) OC 20(1), (3)–(8) OA 18 OC 27(3)–(5) OD 20(2), (5) OC 28(1)–(6), (8), (9) OD 21(1)–(5) OC 22, OD 17(5) OC 23(1), (3) OC 38 OC 35 OC 36 OC 37 OC 39 OC 30 OC 31 OC 33 OC 34(1), (2) OC 32 OC 29, OD 22 OA 18 OC 18(1)–(5) OA 2(5), TAA 104B OP 1 OA 2(2), (3), OP 51 OA 7 OP 53 OA 2(2), (3), OA 3(2) OP 56 OP 58 OP 60 3419 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MG 14(1)(c),
 (2)(a) MG 14(1)(d), (2)(b) MG 14(1)(e), (2)(c) MG 14(1)(f), (2)(d) MG 15(1) MG 15(1)(a), (2)(a) MG 15(1)(ab), (2)(ab) MG 15(1)(b), (2)(b) MG 15(1)(c), (2)(c) MG 15(1)(d), (2)(d) MG 15(1)(e), (2)(d) MG 15(1)(f), (2)(e) MG 15(1)(g), (2)(e) MG 15(1)(h), (2)(f) MG 15(1)(i), (2)(g) MG 15(1)(j), (2)(h) MG 15(1)(k), (2)(i) MG 15(1)(l), (2)(j) MG 16 MG 16(1) MG 16(1), (4) MG 16(2), (4) MG 16(3) MG 16(5) MG 16(6) MG 16A(1) MG 16A(1B) MG 16A(2) MG 17 MG 17(1) MG 17(1)(a) 3420 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OP 57 OP 63 OP 59(2), (4) OP 62 OA 2(2), (3), OA 3(2), (4), OA 8 OP 64 OP 65 OP 74 OP 69 OP 66 OP 68 OP 72 OP 75 OP 76 OP 73 OP 77 OP 71 OP 67 OA 4, OP 2 OP 54 OC 2 OP 59(1), (3) OC 21 OP 71 OC 34(3) OC 28(7) OC 23(4) OP 55 OB 24, OB 53 OA 3(2)–(4), OA 10, OA 11 OA 9 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MG 17(2)(a) MG 17(2)(b) Subpart MH MH 1 Subpart MI MI 1 MI 2(1)–(3) MI 2(1), (4) MI 2(4) MI 2(5)–(7) MI 3 MI 3(2) MI 4(1)(a) MI 4(1)(a), (2)(a) MI 4(1)(b), (2)(b) MI 4(1)(c), (2)(c) MI 4(1)(d), (2)(d) MI 4(1)(e), (2)(e) MI 5(1)(a) MI 5(1)(a), (2)(a) MI 5(1)(b), (2)(b) MI 5(1)(c), (2)(c) MI 5(1)(d), (2)(d) MI 5(1)(e), (2)(e), (3)–(6) MI 5(1)(f), (2)(f), (5), (7) MI 5(1)(g), (2)(f), (5) MI 5(1)(h), (2)(g) MI 5(1)(i), (2)(h) MI 5(1)(j), (2)(i) MI 5(3)–(7) MI 6(1) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OA 14 OA 15, OA 16 RA 7 OA 3(2) OD 3 OA 2(2), (3), OD 1(1), (2), (5) OD 2(1) OD 4 OA 2(2), (3), OA 3(3), (4) OA 7 OD 1(3) OD 5 OD 8 OD 7 OD 9 OD 6 OD 1(4) OD 1(4), OD 10 OD 13 OD 17 OD 18 OD 16 OD 14 OD 15 OD 19 OD 11 OD 12 OA 8 OC 19(2), (3), OD 6 3421 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MI 6(2) MI 7(1) MI 7(2) MI 8 MI 8(1) MI 9 MI 10 MI 10(2) MI 10(5) MI 11 MI 12 MI 13 MI 13(6) MI 13(7) MI 14 MI
 14(1) MI 15 MI 16 MI 17(1) MI 17(1)(a), (2)(a) MI 17(1)(b), (2)(b) MI 17(1)(c), (2)(c) MI 17(1)(d), (2)(d) MI 17(1)(e), (2)(e) MI 17(1)(f), (2)(f) MI 18(1) MI 18(1)(a), (2)(a) MI 18(1)(b), (2)(b) MI 18(1)(c), (2)(c) MI 18(1)(d), (2)(d) MI 18(1)(e), (2)(e), (3), (4) 3422 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OD 11 OD 22(1) OD 20(6) OD 21 OA 18, OD 20, OD 22 OD 18 OD 23 OC 6(3)(b) YA 2(1)–(3) OD 25 OA 2(5), TAA 104B OA 9, OA 10, OB 24, OB 53 OA 12 OD 24 OA 2(2), (3), OP 1(1), OP 78(1) OD 1(5) OA 7 OP 78(2), YA 1 “CTR company” OA 2(2), (3), OA 3(2) OP 81 OP 82 OP 83 OP 86 OP 84(2), (4) OP 85(1), (5) OA 2(2), (3), OA 3(2) OP 87 OP 89 OP 92 OP 93 OP 91 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MI 18(1)(e), (3), (4) MI 18(1)(f), (2)(f) MI 18(1)(g), (2)(g) MI 19 MI 19(1), (2) MI 19(1), (5) MI 19(3), (4) MI 19(5) MI 20(1) MI 20(2) MI 21 MI 21(5) MI 22 MI 22(1) MI 22(4) Subpart MJ MJ 1(1) MJ 1(2) MJ 2 MJ 3(1) MJ 3(2) MJ 4 MJ 5 MJ 5(1) MJ 6 MJ 6(1) MJ 7 MJ 8 Subpart MK MK 1 MK 1(1) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OA 8 OP 94 OP 88(1), (5) OA 4, OP 2 OP 79 OD 2(2) OP 84(1), (3) OP 90 OP 70, OP 85(2)–(4) OP 61, OP 88(2)–(4) OP 95 YA 2(1)–(3) OD 21(6)–(8) OP 80 OP 96 OA 2(2), (3), OF 1(1), (2), OF 3 OZ 5 OA 3(3), (4) OA 2(2), (3), OA 3(2), OF 2 OA 7 OZ 5 OF 4 OF 1(3) OF 5(2)(b) OF 1(4) OA 7, OZ 6 OA 2(5), TAA 104B OK 1 OA 1(5) 3423 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MK 2 MK 3 MK 3(1) MK 3(2) MK 4(1)(a), (2)(a) MK 4(1)(b), (2)(a) MK 4(1)(c), (2)(a) MK 4(1)(d), (2)(b) MK 4(1)(e), (2)(c) MK 4(1)(f), (2)(c) MK 4(1)(g), (2)(d) MK 4(1)(h), (2)(e) MK 5(1)(a), (2)(a) MK 5(1)(b), (2)(b) MK 5(1)(c), (g), (2)(c) MK 5(1)(d), (2)(d) MK 5(1)(e), (2)(c) MK 5(1)(f), (2)(f) MK 5(1)(h), (2)(g) MK 5(1)(i), (2)(h) MK 5(1)(j),
 (2)(i) MK 5(3), (4) MK 6 MK 7(1) MK 7(2)–(4) MK 7(5) MK 8(1), (2), (6) MK 8(3), (4), (6) MK 8(5) MK 8(5B) MK 8(6) 3424 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OA 3(3), (4) OK 1 OA 2(2), (3), OA 3(2)–(4) OA 7 OK 2 OK 3 OK 4 OK 5 OK 6 OK 7 OK 9 OK 8 OK 10 OK 11 OK 12 OK 16(4), (5) OK 14 OK 15 OK 17 OK 18 OK 13 OA 8 OK 19 OA 18, OK 19(2), (3) OK 20 OK 16(1)–(3) OK 21 OK 22 OK 23 OK 24 YA 2(1)–(3) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) MK 9 Subpart MZ Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OA 2(5), TAA 104B MZ 1 MZ 2 MZ 3 MZ 4 MZ 5 MZ 6 MZ 8 MZ 9 MZ 10 MZ 11 MZ 12 PART N Subpart NB NB 1 Subpart NBA NBA 1 NBA 2(1)(a)–(c), (2), (3) NBA 2(1)(c) NBA 2(4) NBA 3 NBA 4(1)(a) NBA 4(1)(b)(i), (ii) NBA 4(1)(b)(iii) NBA 4(1B) NBA 4(2), (3) NBA 4(4) NBA 5 NBA 5(1) NBA 5(1B) omitted omitted omitted omitted omitted omitted RZ 1 RZ 2 RZ 3 RZ 4 RZ 5 FM 3 RP 2(1), (2), TAA 15C TAA 15D TAA 15F TAA 15E TAA 15J RP 9 RP 10 RP 11 RP 8 RP 7 RP 12 RP 16 RP 14 RP 15 3425 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) NBA 5(1), (2) NBA 5(3) NBA 5(4) NBA 6 NBA 7 NBA 8 Subpart NBB NBB 1 NBB 2 NBB 3 NBB 3(2) NBB 4(1) NBB 4(2)–(5) NBB 5(1)–(3) NBB 5(4), (5) NBB 6 NBB 7(1), (2) NBB 7(3) Subpart NC NC 1(1) NC 1(2) NC 2(1) NC 2(2)–(4) NC 2(5) NC 3 NC 4 NC 5 NC 5(2) NC 6 NC 6(1A), (3) NC 6(1C), (1D) 3426 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 RP 13 TAA 15K TAA 15L RP 6 RA 19, RM 7 RP 2(3), TAA 15J(3), (4) RP 4 TAA 15G RP 3, TAA 15C(2) TAA 15M TAA 15H TAA 15I TAA 15M RP 5 RP 4 TAA 15J(3), (4) RP 2(3) omitted RD 3(1), (5) RA 2, RD 16 RD 15 RD 17 YA 1 pay RD 6 RD 21 RA 10 RD 10(1), (2), (4) RD 9 RD 11 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act
 2004 (unless otherwise stated) NC 7(1) NC 7(2) NC 7(3) NC 8(1) proviso NC 8(1), (1AA) NC 8(1A) NC 8(2)–(4), (11) NC 8(7) NC 8(9A) NC 8(10) NC 8(12) NC 8A NC 9 NC 10 NC 11 NC 12 NC 12A NC 13 NC 14 NC 15 NC 15(1) NC 15(1), (2), (2B) NC 15(1), (5), (6) NC 15(3) NC 15(4) NC 15(7) NC 16 NC 18 NC 18(1) NC 19 NC 20 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 TAA 24L RD 18 TAA 24P TAA 24C TAA 24B RD 10(2)(a) TAA 24I TAA 24H TAA 24D TAA 24P TAA 24E TAA 24I TAA 24H RD 12 RD 13 RD 14 TAA 24G RD 11 TAA 24F RA 5, RA 15 RD 4(1) TAA 24J RD 22 TAA 24P RD 2(3) RA 20 RA 8, RA 10, RD 4(2) RD 23 RD 24 RA 9 RA 22 3427 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) NC 20(1) NC 21 NC 21(f)–(h) Subpart ND ND 1 ND 1(1)–(3) ND 1(2)(a) ND 1(2)(b), (4) ND 1(2)(c), (4), (5) ND 1(2)(c), (5) ND 1(6) ND 1A(1) ND 1A(1)–(1D) ND 1A(2)–(6) ND 1AB ND 1B(1)–(6) ND 1B(7) ND 1C ND 1D ND 1DB ND 1E ND 1F ND 1G ND 1H ND 1I ND 1IB ND 1J ND 1K ND 1L ND 1M ND 1N 3428 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 RA 10 RA 21 RD 8 RA 5(1)(b), RA 10 RD 26 RD 59 RD 58 RD 61 RD 60 TAA 46E RD 27(1) RD 28 RD 29 RD 30 RD 31 RD 32 RD 33 RD 34 RD 35 RD 36 RA 21 RD 34(1), (3) RD 37 RD 38 RD 39 RD 40 RD 41 RD 27(2), (3) YA 1 “identical goods” RD 42 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) ND 1O ND 1P(1) ND 1P(2) ND 1Q ND 1R ND 1S ND 1T ND 1U ND 1V ND 1W(1) ND 1W(2) ND 2(1)–(4) ND 2(2) ND 2(3) ND 2(4) ND 2(5) ND 3(1), (1A) ND 3(2) ND 3(4)–(7) ND 4 ND 5(1), (2) ND 5(3)–(6) ND 5A ND 6 ND 7 ND 7A ND 8 ND 8B ND 9 ND 9(2), (3) ND 10 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 RD 43 YA 1 “cost”, “price” RD 44 RD 45 RD 46 RD 54 RD 55 RD 56 RD 57 omitted RA 2, RA 10 RD 59 RD 58 TAA 46B RD 62(5) omitted RD 47 RD 48 RD 49(1), (2) RD 49(3) RD 51(1)–(2) RD
 50 RD 52 RD 53 RD 51(4), (6) RD 51(5), (6) RD 63 RD 39 TAA 46B RA 15 RA 15 3429 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) ND 10(1) ND 10(2)–(5) ND 10(4)(a) ND 11 ND 12 ND 13 ND 13(5), (6) ND 13(8) ND 14 ND 14(2B) ND 14(5), (6) ND 14(8) ND 15 ND 15(7), (8) ND 16 Subpart NE NE 1 NE 2 NE 2(2) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 RD 59 TAA 46B RA 19, RM 9 TAA 46B TAA 46B RA 15, RD 61 TAA 46C RA 20 RA 15, RD 60 RD 62(5) TAA 46C RA 20 RD 62(5) RD 60(5), TAA 46D RD 49(4) RD 64(2) RD 67 RD 65(2) NE 2A(1), (2) RA 8, RD 68 NE 2A(3) NE 2AA NE 2B NE 3B NE 3 NE 4 NE 5 NE 6 NE 6(b), (c) NE 7 NE 7(2) 3430 omitted RD 69 RD 69 RD 66(7)(d), (8)–(11), (13) RA 5(1)(c), RD 66(3)–(7), (13) RA 15 RA 10, RD 70 RA 9, RD 71 RD 66(12) RA 23 RA 2, YA 2(1)–(3) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 Subpart NEA NEA 1 Subpart NF NF 1(1) NF 1(2), (4), (5) NF 1(2)(b)(ix), (x) NF 2(1)(a) NF 2(1)(b) NF 2(1)(c), (2) NF 2(1)(d) NF 2(1)(e), (f) NF 2(1)(g) NF 2(1A), (1AB) NF 2(1B) NF 2(3), (4) NF 2(5) NF 2(6) NF 2(7), (7B) NF 2(8) NF 2A(1), (3) NF 2A(2) NF 2AA NF 2B NF 2C NF 2D(1), (3) NF 2D(2) NF 3 NF 3(1) NF 3(1), (2) NF 3(3)–(5) NF 4 RD 72 omitted RE 2 LB 3(3) RE 12 RE 13 RE 14 RE 15 RE 16 RE 17 RE 3 RE 18 RE 4 RE 10 RF 5 RE 5, RE 29 RE 6 RE 19 omitted TAA 15T RE 11 omitted RE 19 omitted RA 8, RA 10 RE 8 RE 7 RE 9 RA 6, RA 10, RA 15 3431 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) NF 4(1), (2) NF 4(1)–(5), (7), (8) NF 4(5) NF 4(6) NF 4(6B) NF 4(9) NF 5 NF 6(1) NF 6(2)–(4) NF 7(1) NF 7(1), (2) NF 7(1), (2), (5) NF 8(1) NF 8(2)–(4) NF 8A(1) NF 8A(2), (3) NF 8B NF 8B(b) NF 9(1) NF 9(1)–(3) NF 9(4), (5) NF
 9(6), (7), (9)–(11) NF 9(8), (10) NF 9(12)–(14) NF 10 NF 10(1)(a), (d), (3) NF 11(1) NF 11(1), (2) NF 11(2)–(9) NF 12 NF 13 3432 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 RE 20 RE 21 RA 16 RA 17, RE 28 RA 18 RE 26 RE 22 RA 11 RA 12 RA 19 RA 12 RM 8 RE 23 TAA 24K RE 24 TAA 24K RE 25 LB 3(2) RE 27 TAA 32E TAA 32H TAA 32G TAA 32F TAA 32I RE 30 TAA 32J TAA 32K RE 27 TAA 32L RA 9 RA 2, RA 10, YA 2(1)–(3) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 Subpart NG NG 1(1) NG 1(2)–(4) NG 2(1)(a) NG 2(1)(b)(i), (ib) NG 2(1)(ab) NG 2(1)(b)(iii) NG 2(1)(b)(ii) NG 2(1)(c) NG 2(2) NG 2(3), (4) NG 3 NG 4 NG 5 NG 6 NG 7 NG 8(1) NG 8(2), (3) NG 9 NG 9(1)(a) NG 10 NG 11 NG 11(1)–(3) NG 11(4) NG 11(4B) NG 12 NG 13 NG 14 NG 15 NG 16 NG 16(1), (1A) omitted RF 2 RF 8 RF 12 RF 12B RF 12C RF 10(5B) RF 7 RF 14 RF 9 RB 3, RF 2(4) RF 2(5), (6) TAA 32M(1) TAA 32M(2) TAA 32M(3)–(5) RF 3 RF 4 RF 10 OD 1(3) RF 15 RA 6, RA 15 RF 13 RA 16 RA 18 RA 8, RA 10 RA 10, RF 6 RF 11 RA 9 RA 19 RM 8 3433 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) NG 16(5) NG 16A(1) NG 16A(2), (3) NG 17(1) NG 17(2) Subpart NH NH 1(1) NH 1(2) NH 2(1) NH 2(2), (3) NH 2(4) NH 3 NH 3(1) NH 3(2) NH 3(2)–(4) NH 3(6) NH 3(7) NH 4 NH 4(1) NH 4(2), (3) NH 4(4)(a) NH 4(4)(b) NH 4(5)(b), (c) NH 4(5), (6) NH 4(8) NH 4(9) NH 5(1), (2) NH 5(3), (9) NH 5(4) NH 5(5), (6), (8) NH 5(6), (7) 3434 Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 TAA 165B RA 11 RA 12 RA 23 RA 2, YA 2(1)–(3) RG 3 RG 2 RG 4 RG 5 TAA 32N RA 6, RA 15 RG 3 IA 3(2)(b) RG 6 TAA 32N RA 2, RM 6, YA 2(1)–(3) RA 19 RM 3 RM 18 RM 19 RM 20 TAA 71B IA 3(2)(c), RM 21 RA 20 FM 30(6) FM 25 FM 24 FM 26 FM 27 IA 3(2)(c) Reprinted as at 29 May 2012 Income Tax Act
 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) NH 5(7) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 FM 28 NH 6(1), (2), (5), (7) FM 30(1)–(5), (7) NH 6(6) NH 7 Subpart NZ NZ 1 PART O Subpart OB OB 1 OB 1 “absentee” OB 1 “beneﬁciary income” OB 1 “category A income” OB 1 “category B income” OB 1 “complying fund rules” OB 1 “consideration” OB 1 “consolidation rules” OB 1 “corpus” OB 1 “current value” OB 1 “designated investment fund” OB 1 “distribution” OB 1 “dividend withholding payment rules” OB 1 “DWP reference period” OB 1 “effective interest” OB 1 “eligible company” OB 1 “eligible period” OB 1 “employer’s superannuation contribution” OB 1 “extra pay” OB 1 “FBT rules” OB 1 “foreign company” OB 1 “foreign trust” FM 29 RG 7 omitted YA 1 HD 18(2) HC 5, HC 6(1)–(3) HR 3(1), (2), (7) HR 3(3) RD 66 FA 7, FA 13 FM 2(2) HC 4 HR 3(4) HR 3(6) HC 14 RG 1 OC 35 HA 43 FM 31(1) MC 8 RD 65(1) RD 7 RD 25 HA 6(2) HC 10(2)–(4), HC 11 3435 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 MA 7 MK 1(2), MK 4, MK 8 FA 7, FA 13 FA 7, FA 13 FN 2 HF 1 HF 1 FA 15 FA 15 FA 15 OC 36 HR 3(4) MK 3(1) OB 1 “full time earner” OB 1 “fully conduit tax relief credited” RF 9(6), (7) OB 1 “group investment fund” OB 1 “imputation rules” OB 1 “lessee’s acquisition cost” OB 1 “lessee’s outstanding balance” OB 1 “lessor’s disposition value” OB 1 “lessor’s outstanding balance” OB 1 “Maori authority” OB 1 “Maori authority rules” OB 1 “maximum deﬁcit debit” OB 1 “member credit contributions” OB 1 “member credit year” OB 1 “net balance due” OB 1 “non-qualifying trust” OB 1 “NRWT rules” OB 1 “PAYE rules” OB 1 “policyholder DWP ratio” OB 1 “principal caregiver” OB 1 “provisional tax rules” OB 1 “qualifying amalgamation” OB 1 “qualifying person” (a)(i) OB 1 “qualifying person”
 (a)(ii) OB 1 “qualifying person” (a)(iii) OB 1 “qualifying trust” OB 1 “reduced deﬁcit debit” OB 1 “relative” OB 1 “resident imputation subgroup” OB 1 “RWT rules” OB 1 “salary or wages” OB 1 “settlor” RC 2, RC 3 HC 10(1) MC 10 HC 12 OC 38 OC 37 MC 5 MC 3 MC 4 RD 5 RE 1 FN 8 FO 3 RF 1 RD 2(1), (2) YB 9–YB 12 HC 27, HC 28 3436 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) OB 1 “shareholder DWP ratio” OB 1 “speciﬁed period” OB 1 “speciﬁed superannuation contribution” OB 1 “SSCWT rules” OB 1 “taxable distribution” OB 1 “trans-Tasman imputation group” OB 1 “trustee income” OB 2 OB 3(1) OB 3(1)(a), (b), (g) OB 3(1)(c), (3) OB 3(1)(d) OB 3(1)(f) OB 3(3A) OB 3(4) OB 3A OB 6 OB 6(1)(a), (d), (i) OB 6(1)(b), (c) OB 6(1)(e) OB 6(1)(f) OB 6(2), (3) Subpart OC OC 1(1) OC 1(2) OC 1(2)–(6) OC 1(6) OC 3(a) OC 3(b) OC 3(c) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 OC 39 MC 11 RD 65(1), (2) RD 64 HC 15 FN 8 HC 5, HC 7(1) RD 3(1)–(4) HA 2 HA 6(2) HA 7 HA 9(1) HA 5 HA 11(5) HA 9(2) YA 1 “charitable purpose” YA 2 omitted YA 2(4) YA 2(5) YA 2(6) YA 3 omitted HR 5 HR 6 HR 7 YA 1 “company” (e) YA 1 “business” (b)(i) CV 5 3437 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) OC 3(d) OC 4 Subpart OD OD 1 OD 2 OD 3(1), (2) OD 3(3)(a) OD 3(3)(c) OD 3(3)(d) OD 4(1), (2) OD 4(3)(a) OD 4(3)(c) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 omitted TAA 225AA YC 1 omitted YC 2 YC 5 YC 6 YC 4(1)–(3) YC 3 YC 5 YC 6 OD 4(3)(d), (4) YC 4(4)–(8) OD 5(1) OD 5(2) OD 5(3), (4) OD 5(5) OD 5(5A)–(5C) OD 5(6) OD 5(6A)–(6F) OD 5(7) OD 5(8) OD 5(9) OD 5A OD 5AA OD 5B OD 6 OD 7(1)(a), (2), (3) OD 7(1)(b), (2) OD 7(1)(c) OD 7(1)(d)(i) 3438 YC 7 YC 8 YC 9 YC 10 YC 12 YC 11 YC 13 YC 14 YC 15 YC 16 YC 17 YC 18 YC 19 YC 20 YB 2 YB 5 YB 9–YB 12 YB 16 Reprinted as at 29 May 2012 Income
 Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) OD 7(1)(d)(ii) OD 8(1), (3), (4) OD 8(1)(a), (2), (3)(a)(i), (3A), (4)(a)(i), (6) OD 8(1)(b), (2)(b), (c) OD 8(1)(c), (3)(d), (4)(c) OD 8(1)(d), (3)(e), (4)(d) OD 8(1)(e), (3)(f), (4)(e) OD 8(1)(f), (3)(h) OD 8(1)(g), (3)(g) OD 8(1)(h) OD 8(3)(a)(ii), (3A) OD 8(3)(b) OD 8(3)(c), (3A) OD 8(3)(i) OD 8(3)(j) OD 8(4)(b) OD 8(4)(b)(i) OD 9 Subpart OE OE 1 OE 2(1), (1B) OE 2(2)–(6) OE 4(1) OE 4(1A) OE 5 OE 7(1), (2) OE 7(3)–(5) OE 8 Subpart OF OF 1 OF 2(1) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 YB 17 YB 20 YB 2 YB 8 YB 9–YB 12 YB 16 YB 17 YB 14 YB 13 YB 19 YB 3 YB 7 YB 4 YB 15 YB 18 YB 6 YB 5 YB 21 YD 1 YD 2(1), (3) YD 3 YD 4 YZ 1 omitted YD 10 YD 11 YD 9 YE 1 HC 6(3), (4) 3439 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 PART Y Subpart YA YA 1 YA 2 YA 3 YA 4 YA 5 YA 6 Schedules Schedule 1 Schedule 2 part A Schedule 2 part B Schedule 3 Schedule 4 Schedule 5 Schedule 6 Schedule 6B Schedule 7 Schedule 8 Schedule 9 Schedule 10 Schedule 11 Schedule 11B Schedule 12 Schedule 13 Schedule 14 Schedule 15 Schedule 16 Schedule 17 Schedule 18 Schedule 19 3440 ZA 1 ZA 2 ZA 3 ZA 4 ZA 5 ZA 6 schedule 1 schedule 5 schedule 1 schedule 24 schedule 25 schedule 26 schedule 27 schedule 19 schedule 20 schedule 17 schedule 18 schedule 10 schedule 12 schedule 11 schedule 31 schedule 3 schedule 1 schedule 37 schedule 13 schedule 14 schedule 36 schedule 2 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part A—continued Provision in Income Tax Act 2004 (unless otherwise stated) Schedule 19, appendix Corresponding provision in Income Tax Act 2007 or Tax Administration Act 1994 omitted Schedule 20 Schedule 21 Schedule 22 Schedule 22A Schedule 23 Other legislation and regulations
 Income Tax Amendment Act (No 5) 1988, s 9 Income Tax (Withholding Payments) Regulations 1979, regs 2, 4, 6–8 Income Tax (Withholding Payments) Regulations 1979, reg 3 Income Tax (Withholding Payments) Regulations 1979, reg 5 Income Tax (Withholding Payments) Regulations 1979, reg 5(3) Income Tax (Withholding Payments) Regulations 1979, reg 6A Income Tax (Withholding Payments) Regulations 1979, regs 10, 11 Income Tax (Withholding Payments) Regulations 1979, reg 12 Income Tax (Withholding Payments) Regulations 1979, reg 12A Income Tax (Withholding Payments) Regulations 1979, schedule schedule 48 schedule 49 schedule 50 schedule 51 schedule 52 HC 1(2)(d) RD 8 RD 10(3) TAA 24M RD 24 TAA 24N RD 19 RD 20 TAA 24O schedule 4 Schedule 52 Part A: amended, on 1 April 2008, by section 593(1)(a) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part A: amended, on 1 April 2008, by section 593(1)(b) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part A: amended, on 1 April 2008, by section 593(2) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part A: amended, on 1 April 2008, by section 593(3) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part A: amended, on 1 April 2008, by section 593(4)(a) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

3441 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part A—continued Schedule 52 Part A: amended, on 1 April 2008, by section 593(4)(b) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part A: amended, on 1 April 2008, by section 593(5) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part A: amended, on 1 April 2008, by section 593(6) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part A: amended, on 1 April 2008, by section 593(7) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part A: amended, on 1 April 2008, by section 593(8) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part A: amended, on 1 April 2008, by section 593(9) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part A: amended, on 1 April 2008, by section 593(10)(a) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part A: amended, on 1 April 2008, by section 593(10)(b) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part A: amended, on 1 April 2008, by section 593(10)(c) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part A: amended, on 1 April 2008, by section 593(10)(d) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part A: amended, on 1 April 2008, by section 593(11) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part A: amended, on 1 April 2008, by section 593(12) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part A: amended, on 1 April 2008, by section 593(13) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
3442 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B Income Tax Act 2007: corresponding provisions in Income Tax Act 2004 and other legislation or regulation Provision Income Tax Act 2007 A 1 A 2 PART A AA 1 AA 2 AA 3(1) AA 3(2) AA 4 PART B Subpart BA BA 1 Subpart BB BB 1 BB 2 BB 3 Subpart BC BC 1 BC 2 BC 3 BC 4 BC 5 BC 6 BC 7 BC 8 Subpart BD BD 1 BD 2 BD 3 BD 4 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) A 1 A 2 AA 1 AA 2 AA 3(2) new new BA 1 BB 1 BB 2 BB 3 BC 1 BC 2 BC 3 BC 4 BC 5 BC 6(1), (5) BC 7 BC 9 BD 1 BD 2 BD 3 BD 4 3443 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) Subpart BE BE 1 Subpart BF BF 1 Subpart BG BG 1 Subpart BH BH 1 PART C Subpart CA CA 1 CA 2 Subpart CB CB 1 CB 2 CB 3 CB 4 CB 5 CB 6 CB 7 CB 8 CB 9 CB 10 CB 11 CB 12 CB 13 CB 14 CB 15 CB 16 CB 17 CB 18 CB 19 3444 BE 1 BF 1 BG 1 BH 1 CA 1 CA 2 CB 1 FB 3 CB 2 CB 3 CB 4 CB 5, OB 1 “land” (a)(i) CB 6 CB 6B CB 7 CB 8 CB 9 CB 10 CB 11 CB 12 CB 13 CB 14 CB 15 CB 16 CB 17 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 CB 20 CB 21 CB 22 CB 23 CB 24 CB 25 CB 26 CB 27 CB 28 CB 29 CB 30 CB 31 CB 32 CB 33 CB 34 Subpart CC CC 1 CC 2 CC 3 CC 4 CC 5 CC 6 CC 7 CC 8 CC 9 CC 10 CC 11 CC 12 CC 13 Subpart CD CD 1 CD 2 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) CB 18 CB 19 CB 20 CB 21 CB 22 CB 23 CB 4B CB 24 CB 24B CB 25 CB 26 CB 27 CB 28 HF 1(1) HF 1(3)(c), (5), (6) CC 1 CC 2 CC 3 CC 4 CC 5 CC 6 CC 7 CC 8 CC 9 CC 10 FC 8E FC 8D(2) FC 10(5)(d)–(f) CD 1 CD 1B 3445 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 CD 3 CD 4 CD 5 CD 6 CD 7 CD 8 CD 9 CD 10 CD 11 CD 12 CD 13 CD 14 CD 15 CD 16 CD 17 CD 18 CD 19 CD 20 CD 21 CD 22 CD 23 CD 24 CD 25 CD 26 CD 27 CD 28 CD 29 CD 30 CD 31 CD 32 CD 33 CD 34 3446 Corresponding provision in Income Tax Act
 2004 (unless otherwise stated) CD 2 CD 3 CD 4 CD 5 CD 6 CD 7 CD 7B CD 7C GB 1(3), GD 3, GD 5 HH 1(9) CD 8 FCB 2(b) CD 9 CD 10 CD 10B CD 10C CD 11 CD 12 CD 13 CD 14 CD 15 CD 16 CD 17 CD 18 CD 19 CD 20 CD 21 CD 21B CD 22 CD 23 CD 24 CD 24B Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 CD 35 CD 36 CD 37 CD 38 CD 39 CD 40 CD 41 CD 42 CD 43 CD 44 CD 45 CD 46 CD 47 CD 48 CD 49 CD 50 CD 51 CD 52 CD 53 CD 54 Subpart CE CE 1 CE 2 CE 3 CE 4 CE 5 CE 6 CE 7 CE 8 CE 9 CE 10 CE 11 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) CD 25 CD 26 HI 4(2) CD 27 CD 28 CD 29 CD 30 CD 31 CD 32 CD 33 CD 34 CD 35 CD 36 CD 37 CD 38 CD 39 CD 40 CD 41 CD 42 CD 43 CE 1 CE 2 CE 3 CE 4 CE 5 CE 6 CE 7 CE 8 CE 9 CE 10 CE 11 3447 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 CE 12 Subpart CF CF 1 CF 2 Subpart CG CG 1 CG 2 CG 3 CG 4 CG 5 CG 6 CG 7 Subpart CH CH 1 CH 2 CH 3 CH 4 CH 5 CH 6 CH 7 CH 8 CH 9 CH 10 Subpart CP CP 1 Subpart CQ CQ 1 CQ 2 CQ 3 CQ 4 CQ 5 CQ 6 3448 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) CE 12 CF 1 CF 2 CG 1 CG 2 CG 3 CG 4 CG 5 CG 6 FC 5(1) CH 1 CH 2 CH 3 CH 4 CH 5 FC 8H(2), FC 8I(3)(a) new new FG 8(1) FG 8B(1) CP 1 CQ 1 CQ 2 CQ 3 CQ 4 CQ 5 CQ 6 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) Subpart CR CR 1 CR 2 CR 3 Subpart CS CS 1 CS 2 CS 3 CS 4 CS 5 CS 6 CS 7 CS 8 CS 9 CS 10 CS 11 CS 12 CS 13 CS 14 CS 15 CS 16 CS 17 CS 18 Subpart CT CT 1 CT 2 CT 3 CT 4 CT 5 CT 6 CT 7 Subpart CU CR 1 CR 2 FC 13, FC 14(2) CS 1 CS 2 CS 3 CS 4 CS 5 CS 6 CS 7 CS 8 CS 9 CS 10 CS 11 CS 12 CS 13 CS 14 CS 15 CS 16 CS 17 GD 6(1), (2) CT 1 CT 2 CT 3 CT 4 CT 5 CT 6 CT 7 3449 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 CU 1 CU 2 CU 3 CU
 4 CU 5 CU 6 CU 7 CU 8 CU 9 CU 10 CU 11 CU 12 CU 13 CU 14 CU 15 CU 16 CU 17 CU 18 CU 19 CU 20 CU 21 CU 22 CU 23 CU 24 CU 25 CU 26 CU 27 CU 28 CU 29 Subpart CV CV 1 CV 2 3450 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) CU 1 CU 2 CU 3 CU 4 CU 5 CU 6 CU 7 CU 8 CU 9 CU 10 CU 11 CU 12 CU 13 CU 14 CU 15 CU 16 CU 17 CU 18 CU 19 CU 20 CU 21 CU 22 CU 23 CU 24 CU 25 CU 26 CU 27 CU 28 CU 29 CV 1 HB 2(1)(e) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 CV 3 CV 4 CV 5 CV 6 CV 7 CV 8 CV 9 CV 10 CV 11 CV 12 CV 13 CV 14 CV 15 CV 16 CV 17 Subpart CW CW 1 CW 2 CW 3 CW 4 CW 5 CW 6 CW 7 CW 8 CW 9 CW 10 CW 11 CW 12 CW 13 CW 14 CW 15 CW 16 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) FD 10(8) FE 4(b) OC 3(c) CV 2 CV 3 CV 4 LE 3(6), (8) FH 8(3) HI 4(3), HI 5(2), (3), HI 7 HH 8 HH 1(7), HH 3(1) HH 3(5A) HH 3(3) FC 18, FC 19 FC 21(1), (2), (4) CW 1 CW 2 CW 3 CW 4 CW 5 CW 6 CW 7 CW 8 CW 9 CW 10 CW 11 CW 11B CW 11C HG 10(a) HG 13(1)(a), (1A) CW 12 3451 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 CW 17 CW 18 CW 19 CW 20 CW 21 CW 22 CW 23 CW 24 CW 25 CW 26 CW 27 CW 28 CW 29 CW 30 CW 31 CW 32 CW 33 CW 34 CW 35 CW 36 CW 37 CW 38 CW 39 CW 40 CW 41 CW 42 CW 43 CW 44 CW 45 CW 46 CW 47 CW 48 3452 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) CW 13 CW 14 CW 15 CW 16 CW 17 CW 18 CW 19 CW 20 CW 21 CW 22 CW 22B CW 23 CW 23B CW 24 CW 25 CW 26 CW 27 CW 28 CW 28B CW 29 CW 30 CW 31 CW 32 CW 33 CW 34 CW 35 CW 36 CW 37 CW 38 CW 39 CW 40 CW 40B Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 CW 49 CW 50 CW 51 CW 52 CW 53 CW 54 CW 55 CW 56 CW 57 CW 58 CW 59 CW 60 CW 61 CW 62 CW 63 CW 64 Subpart CX CX 1 CX 2 CX 3 CX 4 CX 5 CX 6 CX 7 CX 8 CX 9 CX 10 CX 11 CX 12 CX 13 CX 14 CX 15 Corresponding provision in Income Tax Act 2004 (unless otherwise stated)
 CW 41 CW 42 CW 43 CW 44 HH 3(5) HH 4(3B) HI 5(1) CW 45 CW 45B CW 46 CW 47 CW 48 CW 49 CW 49B GB 1(1)–(2C), GD 3(1), (2) CW 50 CX 1 CX 2 CX 3 CX 4 CX 5 CX 6 CX 6B CX 7 CX 8 CX 9 CX 10 CX 11 CX 12 CX 13 CX 14 3453 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 CX 16 CX 17 CX 18 CX 19 CX 20 CX 21 CX 22 CX 23 CX 24 CX 25 CX 26 CX 27 CX 28 CX 29 CX 30 CX 31 CX 32 CX 33 CX 34 CX 35 CX 36 CX 37 CX 38 CX 39 CX 40 CX 41 CX 42 CX 43 CX 44 CX 45 CX 46 CX 47 3454 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) CX 15 CX 16 GC 15(3), (4) CX 17 CX 18 CX 18B CX 19 CX 20 CX 20B CX 21 CX 22 CX 23 CX 24 CX 25 CX 26 CX 26B CX 27 CX 27B CX 28 CX 29 CX 30 CX 31 CX 32 CX 33 CX 34 CX 35 CX 36 CX 37 CX 38 CX 39 CX 40 CX 41 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 CX 48 CX 49 CX 50 CX 51 CX 52 CX 53 CX 54 CX 55 CX 56 CX 57 CX 58 CX 59 CX 60 CX 61 Subpart CZ CZ 1 CZ 2 CZ 3 CZ 4 CZ 5 CZ 6 CZ 7 CZ 8 CZ 9 CZ 10 CZ 11 CZ 12 CZ 13 CZ 14 CZ 15 CZ 16 CZ 17 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) CX 41B CX 42 CX 1B CX 43 CX 43B CX 44 CX 44B CX 44C CX 44D CX 44E HH 3A–HH 3F HH 3(4) HB 2(1)(a) GB (1)–(2C), GD 3(1), (2) CZ 1 CZ 2 CZ 3 CZ 4 CZ 5 CZ 6 CZ 7 CZ 8 CZ 9 CZ 10 CZ 11 CZ 12 CZ 13 CZ 14 CZ 15 CZ 16 CZ 17 3455 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 CZ 18 CZ 19 CZ 20 CZ 21 CZ 22 PART D Subpart DA DA 1 DA 2 DA 3 DA 4 Subpart DB DB 1 DB 2 DB 3 DB 4 DB 5 DB 6 DB 7 DB 8 DB 9 DB 10 DB 11 DB 12 DB 13 DB 14 DB 15 DB 16 DB 17 DB 18 DB 19 DB 20 3456 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) CZ 18 CZ 19 FC 6(7), (8) GD 6(3) CZ 20 DA 1 DA 2 DA 3 DA 4 DB 1 DB 2 DB 3 DB 4 DB 5 DB 6 DB 7 DB 8 HG 9(3)–(5) FC 1(1), FC 2(2) DB 9 DB 9B DB 10 DB 11 DB 12 DB 12B DB 12C DB 13 DB 13B DB 14 Reprinted as at 29 May 2012 Income Tax Act 2007
 Schedule 52 Part B—continued Provision Income Tax Act 2007 DB 21 DB 22 DB 23 DB 24 DB 25 DB 26 DB 27 DB 28 DB 29 DB 30 DB 31 DB 32 DB 33 DB 34 DB 35 DB 36 DB 37 DB 38 DB 39 DB 40 DB 41 DB 42 DB 43 DB 44 DB 45 DB 46 DB 47 DB 48 DB 49 DB 50 DB 51 DB 52 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) DB 15 DB 16 DB 17 DB 18 FC 4(f)(iv) DB 19 DB 20 DB 21 FB 4A DB 22 DB 23 DB 24 DB 25 DB 26 DB 27 DB 28 DB 28B DB 29 DB 30 DB 31 DB 32 DB 33 DB 34 DB 35 DB 36 DB 37 DB 38 DB 39 DB 40 DB 41 DB 42 DB 43 3457 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 DB 53 DB 54 DB 55 DB 56 DB 57 DB 58 DB 59 Subpart DC DC 1 DC 2 DC 3 DC 4 DC 5 DC 6 DC 7 DC 8 DC 9 DC 10 DC 11 DC 12 DC 13 DC 14 DC 15 Subpart DD DD 1 DD 2 DD 3 DD 4 DD 5 DD 6 DD 7 3458 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) DB 43B DB 43C DB 44 DB 45 GD 4 GB 1(1)–(2C), GC 11A, GC 31, GD 3(1), (2), GD 5, GD 12, GD 12A GD 7, GD 10 DC 1 DC 2 DC 3 DC 4 GD 4 DC 5 DC 6 DC 7 DC 8 DC 9 DC 10 DC 11 DC 12 DC 13 DC 14 DD 1 DD 2 DD 3 DD 4 DD 5 DD 6 DD 7 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 DD 8 DD 9 DD 10 DD 11 Subpart DE DE 1 DE 2 DE 3 DE 4 DE 5 DE 6 DE 7 DE 8 DE 9 DE 10 DE 11 DE 12 Subpart DF DF 1 DF 2 DF 3 DF 4 Subpart DN DN 1 DN 2 DN 3 DN 4 DN 5 DN 6 DN 7 DN 8 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) DD 8 DD 9 DD 10 DD 11 DE 1 DE 2 DE 3 DE 4 DE 5 DE 6 DE 7 DE 8 DE 9 DE 10 DE 11 DE 12 DF 1 DF 2 DF 3 DF 4 DN 1 DN 2 DN 3 DN 4 DN 5 DN 6 DN 7 DN 9 3459 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) Subpart DO DO 1 DO 2 DO 3 DO 4 DO 5 DO 6 DO 7 DO 8 DO 9 DO 10 DO 11 DO 12 DO 13 Subpart DP DP 1 DP 2 DP 3 DP 4 DP 5 DP 6 DP 7 DP 8 DP 9 DP 10 DP 11 Subpart DQ DQ 1 DQ 2 DQ 3 DQ 4 3460 DO 1 DO 2 DO
 3 DO 4 DO 4B DO 4C DO 4D DO 4E “planting”, “plot” DO 4E “replaced area fraction” DO 5 DO 5B DO 6 DO 7 DP 1 DP 2 DP 3 DP 3B DP 4 DP 5 DP 6 DP 7 DP 8 DP 9, GD 15 DP 10 DQ 1 DQ 2 DQ 3 DQ 4 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) Subpart DR DR 1 DR 2 DR 3 Subpart DS DS 1 DS 2 DS 3 DS 4 Subpart DT DT 1 DT 2 DT 3 DT 4 DT 5 DT 6 DT 7 DT 8 DT 9 DT 10 DT 11 DT 12 DT 13 DT 14 DT 15 DT 16 DT 17 DT 18 DT 19 DT 20 Subpart DU DU 1 DR 1 DR 2 DR 3 DS 1 DS 2 DS 3 DS 4 DT 1 DT 2 DT 3 DT 4 DT 5 DT 6 DT 7 DT 8 DT 9 DT 10 DT 11 DT 12 DT 13 DT 14 DT 15 DT 16 DT 17 DT 18 DT 19 DT 20 DU 1 3461 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 DU 2 DU 3 DU 4 DU 5 DU 6 DU 7 DU 8 DU 9 DU 10 DU 11 DU 12 Subpart DV DV 1 DV 2 DV 3 DV 4 DV 5 DV 6 DV 7 DV 8 DV 9 DV 10 DV 11 DV 12 DV 13 DV 14 DV 15 DV 15(1), (2) DV 16 DV 17 DV 18 DV 19 3462 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) DU 2 DU 3 DU 4 DU 5 DU 6 DU 7 DU 8 DU 9 DU 10 DU 11 DU 12 DV 1 DV 2 DV 3 DV 4 DV 5 DV 6 DV 7 DV 8 DV 9 DV 10 DV 10B DV 11 DV 12 DV 13 FE 6A FE 3 HB 2(1)(b), (d) HB 2(1)(c) ME 30(2), ME 35(2) HF 1(2), (3)(a), (b), (4) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) Subpart DW DW 1 DW 2 DW 3 Subpart DX DX 1 DX 2 DX 3 Subpart DZ DZ 1 DZ 2 DZ 3 DZ 4 DZ 5 DZ 6 DZ 7 DZ 8 DZ 9 DZ 10 DZ 11 DZ 12 DZ 13 DZ 14 DZ 15 DZ 16 DZ 17 DZ 18 PART E Subpart EA EA 1 EA 2 EA 3 DW 1 DW 2 FC 15, FC 20, FC 21(3), (5) DX 1 LF 7 LE 3(10), LE 4 DZ 1 DZ 2 DZ 3 DZ 4 DZ 5 DZ 6 DZ 7 DZ 8 DZ 9 DZ 10 DZ 11 DZ 12 DZ 13 FC 6(4), FC 8 DZ 14 DZ 15 DZ 16 DZ 17 EA 1 EA 2 EA 3 3463 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 EA 4 Subpart EB
 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EA 4 EB 1 EB 2 EB 3 EB 4 EB 5 EB 6 EB 7 EB 8 EB 9 EB 10 EB 11 EB 12 EB 13 EB 14 EB 15 EB 16 EB 17 EB 18 EB 19 EB 20 EB 21 EB 22 EB 23 EB 24 Subpart EC EC 1 EC 2 EC 3 EC 4 EC 5 3464 EB 1 EB 2 EB 3 EB 4 EB 5 EB 6 EB 7 EB 8 EB 9 EB 10 EB 11 EB 12 EB 13 EB 14 EB 15 EB 16 EB 17 EB 18 EB 19 EB 20 EB 21 EB 22 EB 23 FB 4, FF 13(1) EC 1 EC 2 EC 3 EC 5 EC 5B Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 EC 6 EC 7 EC 8 EC 9 EC 10 EC 11 EC 12 EC 13 EC 14 EC 15 EC 16 EC 17 EC 18 EC 19 EC 20 EC 21 EC 22 EC 23 EC 24 EC 25 EC 26 EC 27 EC 28 EC 29 EC 30 EC 31 EC 32 EC 33 EC 34 EC 35 EC 36 EC 37 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EC 6 EC 7 EC 8 EC 9 EC 10 EC 11 EC 12 EC 13 EC 14 EC 15 EC 16 EC 17 EC 18 EC 19 EC 20 EC 21 EC 22 EC 23 EC 24 EC 25 EC 26 EC 27 EC 28 EC 29 EC 30 EC 31 EC 32 EC 33 EC 34 EC 35 EC 36 EC 37 3465 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 EC 38 EC 39 EC 40 EC 41 EC 42 EC 43 EC 44 EC 45 EC 46 EC 47 EC 48 Subpart ED ED 1 ED 2 Subpart EE EE 1 EE 2 EE 3 EE 4 EE 5 EE 6 EE 7 EE 8 EE 9 EE 10 EE 11 EE 12 EE 13 EE 14 EE 15 EE 16 EE 17 3466 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EC 38 EC 39 EC 40 EC 41 EC 42 EC 43 EC 44 EC 45 EC 46 EC 47 EC 48 ED 1 ED 2 EE 1 EE 2 EE 3 EE 4 EE 5 EE 6 EE 7 EE 8 EE 9 EE 10 EE 11 EE 12 EE 13 EE 14 EE 15 EE 16 EE 17 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 EE 18 EE 19 EE 20 EE 21 EE 22 EE 23 EE 24 EE 25 EE 26 EE 27 EE 28 EE 29 EE 30 EE 31 EE 32 EE 33 EE 34 EE 35 EE 36 EE 37 EE 38 EE 39 EE 40 EE 41 EE 42 EE 43 EE 44 EE 45 EE 46 EE 47 EE 48 EE 49 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EE 18 EE 19 EE 20 EE 21 EE 22 EE 23 EE 24 EE 24B EE 25 EE 25B EE 25C EE 25D EE 25E EE 26 EE 26B EE
 27 EE 27B EE 28 EE 29 EE 30 EE 31 EE 32 EE 33 EE 34 EE 35 EE 36 EE 37 EE 38 EE 39 EE 40 EE 41 EE 42 3467 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 EE 50 EE 51 EE 52 EE 53 EE 54 EE 55 EE 56 EE 57 EE 58 EE 59 EE 60 EE 61 EE 62 EE 63 EE 64 EE 65 EE 66 EE 67 Subpart EF EF 1 EF 2 EF 3 EF 4 EF 5 EF 6 Subpart EG EG 1 EG 2 EG 3 Subpart EH EH 1 EH 2 3468 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) FB 7 EE 43 EE 44 EE 44B EE 45 EE 46 EE 47 EE 48 EE 49 EE 50 EE 51 EE 52 EE 53 EE 54 EE 55 EE 56 EE 57 EE 58 EF 1 EF 2 EF 3 EF 4 EF 5 EF 6 EG 1 EG 2 EG 3 EH 1 EH 2 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 EH 3 EH 4 EH 5 EH 6 EH 7 EH 8 EH 9 EH 10 EH 11 EH 12 EH 13 EH 14 EH 15 EH 16 EH 17 EH 18 EH 19 EH 20 EH 21 EH 22 EH 23 EH 24 EH 25 EH 26 EH 27 EH 28 EH 29 EH 30 EH 31 EH 32 EH 33 EH 34 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EH 3 EH 4 EH 5 EH 6 EH 7 EH 8 EH 9 EH 10 EH 11 EH 12 EH 13 EH 14 EH 15 EH 16 EH 17 EH 18 EH 19 EH 20 EH 21 EH 22 EH 23 EH 24 EH 25 EH 26 EH 27 EH 28 EH 29 EH 30 EH 31 EH 32 EH 33 EH 34 3469 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 EH 35 EH 36 EH 37 EH 38 EH 39 EH 40 EH 41 EH 42 EH 43 EH 44 EH 45 EH 46 EH 47 EH 48 EH 49 EH 50 EH 51 EH 52 EH 53 EH 54 EH 55 EH 56 EH 57 EH 58 EH 59 EH 60 EH 61 EH 62 EH 63 EH 64 EH 65 EH 66 3470 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EH 35 EH 37 EH 38 EH 39 EH 40 EH 41 EH 42 EH 43 EH 44 EH 45 EH 46 EH 47 EH 48 EH 49 EH 50 EH 51 EH 52 EH 53 EH 54 EH 55 EH 56 EH 57 EH 58 EH 59 EH 60 EH 61 EH 62 EH 64 EH 65 EH 66 EH 67 EH 68 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 EH 67 EH 68 EH 69 EH 70 EH 71 EH 72 EH 73 EH 74 EH 75 EH 76 EH 77 EH 78 EH 79 Subpart EI EI 1 EI 2 EI 3 EI 4 EI 5 EI
 6 EI 7 EI 8 EI 9 Subpart EJ EJ 1 EJ 2 EJ 3 EJ 4 EJ 5 EJ 6 EJ 7 EJ 8 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EH 69 EH 70 EH 71 EH 72 EH 73 EH 74 EH 75 EH 76 EH 77 EH 78 EH 79 EH 80 EH 81 EI 1 EI 2 EI 3 EI 3B EI 4 EI 5 EI 6 EI 7 EI 8 EJ 1 EJ 2 EJ 3 EJ 4 EJ 5 EJ 6 EJ 7 EJ 8 3471 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 EJ 9 EJ 10 EJ 11 EJ 12 EJ 13 EJ 14 EJ 15 EJ 16 EJ 17 EJ 18 EJ 19 EJ 20 EJ 21 EJ 22 EJ 23 Subpart EK EK 1 EK 2 EK 3 EK 4 EK 5 EK 6 EK 7 EK 8 EK 9 EK 10 EK 11 EK 12 EK 13 EK 14 EK 15 EK 16 3472 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) GC 11B, GD 12A, GD 12B EJ 9 EJ 10 EJ 11 EJ 12 IH 3(1) EJ 13 EJ 14 EJ 15 EJ 16 EJ 17 EJ 18 EJ 19 EJ 20 EJ 21 EK 1 EK 2 EK 3 EK 4 EK 5 EK 6 EK 7 EK 8 EK 9 EK 10 EK 11 EK 12 EK 13 EK 14 EK 15 EK 16 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 EK 17 EK 18 EK 19 EK 20 EK 21 EK 22 EK 23 Subpart EW EW 1 EW 2 EW 3 EW 4 EW 5 EW 6 EW 7 EW 8 EW 9 EW 10 EW 11 EW 12 EW 13 EW 14 EW 15 EW 16 EW 17 EW 18 EW 19 EW 20 EW 21 EW 22 EW 23 EW 24 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EK 17 EK 18 EK 19 EK 20 EK 21 EK 22 EK 23 EW 1 EW 2 EW 3 EW 4 EW 5 EW 6 EW 7 EW 8 EW 9 EW 10 EW 11 EW 12 EW 13 EW 14 EW 15 EW 16 EW 17 EW 18 EW 19 EW 20 EW 21 EW 22 EW 23 EW 24 3473 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 EW 25 EW 26 EW 27 EW 28 EW 29 EW 30 EW 31 EW 32 EW 33 EW 34 EW 35 EW 36 EW 37 EW 38 EW 39 EW 40 EW 41 EW 42 EW 43 EW 44 EW 45 EW 46 EW 47 EW 48 EW 49 EW 50 EW 51 EW 52 EW 53 EW 54 EW 55 EW 56 3474 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EW 25 EW 26 EW 27 EW 28 EW 29 EW 30 EW 31 EW 32 EW 33 EW 34 EW 35 EW 36 EW 37 EW 38 EW 40 EW 41 EW 42 EW 43 EW 45 EW 46 EW 47 EW 47B EW 48 EW 49 EW 50 EW 51 EW 52 EW 52B EW 53 EW 54 EW 55 EW 56
 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 EW 57 EW 58 EW 59 EW 60 EW 61 EW 62 EW 63 Subpart EX EX 1 EX 2 EX 3 EX 4 EX 5 EX 6 EX 7 EX 8 EX 9 EX 10 EX 11 EX 12 EX 13 EX 14 EX 15 EX 16 EX 17 EX 18 EX 19 EX 20 EX 21 EX 22 EX 23 EX 24 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EW 57 EW 58 EW 59 EW 60 EW 61 EW 62 EW 63 EX 1 EX 2 EX 3, GB 7, GC 9 EX 4 EX 5 EX 6 EX 7 EX 8 EX 9 EX 10 EX 11 EX 12 EX 13 EX 14 EX 15 EX 16 EX 17 EX 18 EX 19 EX 20 EX 21 EX 22 EX 23 EX 25 3475 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 EX 25 EX 26 EX 27 EX 28 EX 29 EX 30 EX 31 EX 32 EX 33 EX 34 EX 35 EX 36 EX 37 EX 38 EX 39 EX 40 EX 41 EX 42 EX 43 EX 44 EX 45 EX 46 EX 47 EX 48 EX 49 EX 50 EX 51 EX 52 EX 53 EX 54 EX 55 EX 56 3476 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EX 26 EX 27 EX 28 EX 29 EX 30 EX 31 EX 33C EX 33D EX 33E EX 32 EX 33(1), (2) EX 33(3) EX 33(4) EX 33(5) EX 33B(1), (3) EX 34 EX 35 EX 36 EX 37 EX 38 EX 39 EX 40 EX 40B EX 41 EX 42 EX 43 EX 44 EX 44B(2), EX 44C EX 44B(1), (3), EX 44D EX 44E EX 45 EX 45B Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 EX 57 EX 58 EX 59 EX 60 EX 61 EX 62 EX 63 EX 64 EX 65 EX 66 EX 67 EX 68 EX 69 EX 70 EX 71 EX 72 Subpart EY EY 1 EY 2 EY 3 EY 4 EY 5 EY 6 EY 7 EY 8 EY 9 EY 10 EY 11 EY 12 EY 13 EY 14 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EX 44(7), EX 44C(11), EX 44D(13), EX 45(15), EX 45B(17) EX 46 EX 47 EX 48 EX 49 EX 50 EX 51 EX 52 EX 53 EX 54 EX 54B EX 56 EX 57 EX 58 EX 59 EX 60 EY 1 EY 2 EY 3 EY 4 EY 5 EY 6 EY 7 EY 8 EY 9 EY 10 GD 8(1), (3)–(9) EY 11 EY 12 EY 13 3477 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 EY 15 EY 16 EY 17 EY 18 EY 19 EY 20 EY 21 EY 22 EY 23 EY 24 EY 25 EY 26 EY 27 EY 28 EY 29 EY 30 EY
 31 EY 32 EY 33 EY 34 EY 35 EY 36 EY 37 EY 38 EY 39 EY 40 EY 41 EY 42 EY 43 EY 44 EY 45 EY 46 3478 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EY 14 EY 15 EY 16 EY 17 EY 18 EY 19 EY 20 EY 21 EY 22 EY 23 EY 24 EY 25 EY 26 EY 27 EY 28 EY 29 EY 30 EY 31 EY 32 EY 33 EY 34 EY 35 EY 36 EY 37 EY 38 EY 39 EY 40 EY 41 EY 42 EY 43 EY 44 EY 45 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 EY 47 EY 48 EY 49 Subpart EZ EZ 1 EZ 2 EZ 3 EZ 4 EZ 5 EZ 6 EZ 7 EZ 8 EZ 9 EZ 10 EZ 11 EZ 12 EZ 13 EZ 14 EZ 15 EZ 16 EZ 17 EZ 18 EZ 19 EZ 20 EZ 21 EZ 22 EZ 23 EZ 24 EZ 25 EZ 26 EZ 27 EZ 28 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EY 46 EY 47 EY 48 EZ 1 EZ 2 EZ 3 EZ 4 EZ 4B EZ 4C EZ 5 EZ 6 EZ 8 EZ 9 EZ 10 EZ 11 EZ 12 EZ 13 EZ 14 EZ 15 EZ 16 EZ 17 EZ 18 EZ 19 EZ 20 EZ 21 EZ 21B EZ 22 EZ 23 EZ 24 EZ 25 EZ 26 3479 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 EZ 29 EZ 30 EZ 31 EZ 32 EZ 33 EZ 34 EZ 35 EZ 36 EZ 37 EZ 38 EZ 39 EZ 40 EZ 41 EZ 42 EZ 43 EZ 44 EZ 45 EZ 46 EZ 47 EZ 48 EZ 49 EZ 50 EZ 51 EZ 52 PART F Subpart FA FA 1 FA 2 FA 3 FA 4 FA 5 FA 6 3480 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) EZ 27 EZ 28 EZ 29 EX 33B(2), (3) EZ 30 EZ 31 EZ 32 EZ 33 EZ 34 EZ 35 EZ 36 EZ 37 EZ 38 EZ 39 EZ 40 EZ 41 EZ 42 EZ 43 EZ 44 EZ 45 EZ 46 EZ 47 EZ 48 EZ 49 new FC 1, FC 2 FC 3 FC 4 FC 5 FC 8A(1), FC 8F, FC 8G Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 FA 7 FA 8 FA 9(1) FA 9(2), (3) FA 10(1), (2) FA 10(3)–(5) FA 10(6), (7) FA 11(1), (2) FA 11(3)–(7) FA 12 FA 13 FA 14 FA 15 FA 16 FA 17 FA 18 Subpart FB FB 1 FB 2 FB 3 FB 4 FB 5 FB 6 FB 7 FB 8 FB 9 FB 10 FB 11 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) FC 8A(2), (3), OB 1 “consideration”, “lessee’s acquisition cost”, “lessor’s disposition value” FC 8B(1) FC 8B(2)
 FC 8E FC 8B(3) FC 8D FC 8C FC 8H FC 8I FC 9, FC 10 FC 10(1)(a), OB 1 “consideration”, “lessee’s acquisition cost”, “lessor’s disposition value” FC 10(1)(c), (5)(c) FC 10(2), (5)(a), OB 1 “lessee’s outstanding balance”, “lessor’s outstanding balance”, “net balance due” FC 10(3) FC 10(4) FC 10(5)(d)–(f) new FF 4 FF 6(1)(a) FF 6(1)(b) FF 6(1)(a)(iv), (b)(iv), (2) FF 7(1), (2), (5) FF 7(3), (4), (5) FF 8 FF 2 FF 1 FF 17(1) 3481 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 FB 12 FB 13 FB 14 FB 15 FB 16 FB 17 FB 18 FB 19 FB 20 FB 21 Subpart FC FC 1 FC 2 FC 3 FC 4 FC 5 FC 6 FC 7 FC 8 Subpart FE FE 1 FE 2 FE 3 FE 4 FE 5 FE 6 FE 7 FE 8 FE 9 FE 10 FE 11 FE 12 3482 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) FF 17(2), (3) FF 13 FF 13(1)(a)(i), (3) FF 9 FF 10 FF 11 FF 12 FF 14 FF 19 FF 15, FF 16 FI 1 FI 2, FI 3 FI 4 FI 5 FI 7 FI 6 FI 8 FI 11 FG 1 FG 2(1), (6), (8) FG 4(15), (16) new FG 3 FG 8 FG 8B FG 4(5), (6), FG 8E FG 10 FG 4(7), FG 5(6), FG 7, FG 8I FG 4(8), FG 5(7), FG 8J FG 3, FG 4(1), FG 5(1) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 FE 13 FE 14 FE 15 FE 16 FE 17 FE 18 FE 19 FE 20 FE 21 FE 22 FE 23 FE 24 FE 25 FE 26 FE 27 FE 28 FE 29 FE 30 FE 31 FE 32 FE 33 FE 34 FE 35 FE 36 FE 37 FE 38 FE 39 FE 40 FE 41 Subpart FF FF 1 FF 2 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) FG 6 FG 4(9), (15), (17), FG 9 FG 4(2) FG 4(3), (4) FG 5(2), (10) FG 5(2)–(5), (12), (13) FG 8H FG 8F FG 8G(1)–(3) FG 8G(4) FG 8B(3) FG 8G(5), (6) FG 4(10), (11) FG 4(10) FG 4(12)–(14B) FG 4(12), (14C), (14E) FG 4(12), (14C), (14E), (14F) FG 4(14D) FG 5(8) FG 5(9) new FG 8C(9), (10) FG 8C(8) FG 8C(1), (2), (4)–(7) FG 8D FG 2(2) FG 2(3) FG 2(4) FG 2(4)–(6) new FH 1(1) 3483 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 FF 3 FF 4 FF 5 FF 6 FF 7 FF 8 FF 9 FF 10 FF 11
 Subpart FL FL 1 FL 2 Subpart FM FM 1 FM 2 FM 3 FM 4 FM 5 FM 6 FM 7 FM 8 FM 9 FM 10 FM 11 FM 12 FM 13 FM 14 FM 15 FM 16 FM 17 FM 18 FM 19 3484 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) new FH 1 FH 5 FH 6, FH 7 FH 8 FH 2 FH 3 FH 3(1), FH 4 FH 8(6) FCB 1 FCB 2, FCB 3 FD 1 FD 1, OB 1 “consolidation rules” HB 1(1), HB 2(1), NB 1 HB 1(3)–(5) HB 1(2) FD 2, FD 11 HB 2(1) HB 2(1)(a) HB 2(1)(e) HB 2(1)(b) HB 2(1)(c) HB 2(1)(d) HB 2(2) FD 9 FD 10(1), (2) FD 10(3) FD 10(5) FD 10(4), (4A) FD 10(4), (4B) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 FM 20 FM 21 FM 22 FM 23 FM 24 FM 25 FM 26 FM 27 FM 28 FM 29 FM 30 FM 31 FM 32 FM 33 FM 34 FM 35 FM 36 FM 37 FM 38 FM 39 FM 40 FM 41 FM 42 Subpart FN FN 1 FN 2 FN 3 FN 4 FN 5 FN 6 FN 7 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) FD 10(4), (4C) FD 10(6), (7) FD 10(9) FD 10(8) NH 5(3), (9) NH 5(1), (2) NH 5(4) NH 5(5), (6), (8) NH 5(7) NH 6(6) NH 4(9), NH 6(1), (2), (5), (7) FD 3(b)–(e), OB 1 “eligible company” FD 5 FD 8(9) FD 6, FD 8(5) proviso FD 3(a), FD 4(1), (2) FD 7(1), (2) FD 8(1) FD 4(3)–(8), FD 7(3)–(8) FD 8(2) FD 8(3), (4), (6), (7) FD 8(5) FD 8(8) new OB 1 “imputation rules” FDA 4 FDA 1 FDA 3(2)–(4) FDA 5, FDA 6(6) FDA 2 3485 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 FN 8 FN 9 FN 10 FN 11 FN 12 FN 13 FN 14 Subpart FO FO 1 FO 2 FO 3 FO 4 FO 5 FO 6 FO 7 FO 8 FO 9 FO 10 FO 11 FO 12 FO 13 FO 14 FO 15 FO 16 FO 17 FO 18 FO 19 FO 20 Subpart FZ FZ 1 3486 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) FDA 3(1), (3), OB 1 “resident imputation subgroup”, “trans-Tasman imputation group” FDA 2(1)–(3), (5), FDA 4 FDA 6(1) FDA 6(2) FDA 6(3), (4), (7), (8) FDA 6(5) FDA 6(9) FE 1(1)(a), (b) FE 1(2) OB 1 “qualifying amalgamation” FE 1(1)(c), FE 8 FE 9 FE 2 FE 4(b) FE 3 FE 4(a) FE 6(1)–(3B), FE 6A FE 5 FE 6(5), (6), FE 7(1)(a), (2) FE
 6(5), (7), FE 7(1)(b), (3) FE 6(5), (8), FE 7(1)(b), (4) FE 5 FE 6(1), (4) FE 6(3A), (3B) FE 10(1)–(5), (6)(c) FE 10(6)(a) FE 10(6)(b) FC 1 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 FZ 2 FZ 3 FZ 4 FZ 5 FZ 6 PART G Subpart GA GA 1 GA 2 Subpart GB GB 1 GB 2 GB 3 GB 4 GB 5 GB 6 GB 7 GB 8 GB 9 GB 10 GB 11 GB 12 GB 13 GB 14 GB 15 GB 16 GB 17 GB 18 GB 19 GB 20 GB 21 GB 22 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) FC 6(2)–(8) FC 7 FC 8 FF 5 FI 9, FI 10 GB 1(1)–(2C) GC 17B GB 1(3) GC 1 GC 2 GC 4 GC 3 GC 5 GC 7 GC 8 GC 9(1), (4) GC 9(1), (4) GC 9(2) GC 9(2) GC 9(3), (4) GC 9(3), (4) GC 10 GC 10 GC 11A, GD 12 GC 11B, GD 12B GD 12A GC 12 GD 11 GC 14 3487 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 GB 23 GB 24 GB 25 GB 26 GB 27 GB 28 GB 29 GB 30 GB 31 GB 32 GB 33 GB 34 GB 35 GB 36 GB 37 GB 38 GB 39 GB 40 GB 41 GB 42 GB 43 GB 44 GB 45 GB 46 GB 47 GB 48 GB 49 Subpart GC GC 1 GC 2 GC 3 GC 4 3488 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) GD 3(1), (2) GD 3(4), (5) GD 5 GC 14A GC 14B, GC 14E GC 14C GC 14D GC 14F GC 16(b), GC 17 GC 15 GC 6 GC 21 GC 22(1), (2) GC 22(4), (5), (9) GC 23 GC 24 GC 25 GC 26 GC 27 GC 27A(1)–(3) GC 27A(5), (6), (10) GC 28 GC 29(1) GC 31 GC 29(2), (3) GC 30 GC 14G GD 1(1), (3), (4) GD 1(2), (3A) GD 7 GD 14 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 GC 5 GC 6 GC 7 GC 8 GC 9 GC 10 GC 11 GC 12 GC 13 GC 14 Subpart GZ GZ 1 PART H Subpart HA HA 1 HA 2 HA 3 HA 4 HA 5 HA 6 HA 7 HA 8 HA 9 HA 10 HA 11 HA 12 HA 13 HA 14 HA 15 HA 16 HA 17 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) GD 10 GD 13(1), (2) GD 13(3) GD 13(4), (5) GD 13(10) GD 13(10) GD 13(11) GC 12(1), GD 13(12) GD 13(6)–(9) GD 13(13) GD 12(1) HG 1(c), (d), HG 3(1), HG 4(1), HG 14 OB 3(1) HG 14 HG 7, HG 14(d) HG 3(1), HG 4(1), HG 14(a),
 (b), OB 3(1)(f) HG 1(a), (b), OB 1 “foreign company”, OB 3(1)(a), (b), (g) OB 3(1)(c), (3) HG 4(1)–(3) OB 3(1)(d), (4) HG 14(a), (b) HG 7, HG 18, OB 3(3A) HG 14(d) HG 1(c) HG 9(1), HG 13(1) HG 13(1)–(4) HG 13(1)(a)(i), (1A) HG 10(a), HG 13(1)(aa) 3489 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 HA 18 HA 19 HA 20 HA 21 HA 22 HA 23 HA 24 HA 25 HA 26 HA 27 HA 28 HA 29 HA 30 HA 31 HA 32 HA 33 HA 34 HA 35 HA 36 HA 37 HA 38 HA 39 HA 40 HA 41 HA 42 HA 43 HA 44 Subpart HC HC 1 HC 2 HC 3 3490 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) HG 13(6) HG 13(5) HG 1(d), HG 9(2), HG 16 HG 11(3) HG 10(b) HG 11(3A) HG 16(1), HG 17(1)(a) HG 17 HG 16(2) HG 16(3), (4) HG 4(2)(a) HG 4(3) HG 3(2), (3), HG 4(4) HG 3(4), (5) HG 5(1) HG 5(2) HG 6(1) HG 6(2)(a), (b) HG 6(2)(c) HG 6(3) HG 14(c), HG 14A HG 15 HG 11(1), (1A) HG 11(1B), (2), (4) HG 12 OB 1 “effective interest” HG 2 GC 14, HH 1(8), (9), HH 3(6), HH 4(8), Income Tax Amendment Act (No 5) 1988, s 9 HD 1(1)(a) HH 1A Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 HC 4 HC 5 HC 6 HC 7 HC 8 HC 9 HC 10 HC 11 HC 12 HC 13 HC 14 HC 15 HC 16 HC 17 HC 18 HC 19 HC 20 HC 21 HC 22 HC 23 HC 24 HC 25 HC 26 HC 27 HC 28 HC 29 HC 30 HC 31 HC 32 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) OB 1 “corpus” OB 1 “beneﬁciary income”, “trustee income” OB 1 “beneﬁciary income”, OF 2(3) HH 1(7), HH 3A(1)(a), OB 1 “trustee income” HH 8 new HH 2(2), HH 4(5) proviso, OB 1 “foreign trust”, “qualifying trust” OB 1 “foreign trust” OB 1 “non-qualifying trust” HH 1(5), (6) OB 1 “distribution” HH 6(2)(c), (3), OB 1 “taxable distribution” HH 6(1), (2), (4) HH 3(1), HH 3A(1)(b) HH 3(1) HH 3(1), (4) HH 3(5) HH 3(5A) HH 3(4) HH 3(3) DV 9(2), HH 4(1), (2) HH 4(3), (3A), (6) provisos HH 4(3B), (3BB), (3BC) HH 1(10), OB 1 “settlor” HH 1(1)–(4), (8), (10), OB 1 “settlor” HH 4(4), (5) HH 2 HH 5 HH
 3(2), HK 3(1A) 3491 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 HC 33 HC 34 HC 35 HC 36 HC 37 Subpart HD Corresponding provision in Income Tax Act 2004 (unless otherwise stated) HH 4(7) HH 3(4) HH 3A–HH 3C, HH 3E, HH 3F(2), (2A) HH 3C(1)(a)–(d), (2), (3), HH 3D, HH 3F(1), (2A)–(4) HH 3C(1)(e) HD 1 HD 2 HD 3 HD 4 HD 5 HD 6 HD 7 HD 8 HD 9 HD 10 HD 11 HD 12 HD 13 HD 14 HD 15 HD 16 HD 17 HD 18 HD 19 HD 20 HD 21 HD 22 HD 23 HD 24 HD 25 3492 HK 1(1) HK 3(2), HK 7(1) HK 1, HK 3(3), HK 7(1) HK 3(1), (1A) HK 4–HK 6, HK 7(2) HK 8 HK 2 new HK 9 HK 10 FD 6(1), FDA 5(3) HH 3(2), HH 3A(2), HH (4) HE 1 HK 12, HK 13 HK 11 FC 16 FC 17 HK 1(1), HK 16, OB 1 “absentee” HK 20 HK 16, HK 17 HK 21 HK 23 HK 22 HK 18(1) HK 19 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 HD 26 HD 27 HD 28 HD 29 Subpart HE HE 1 HE 2 HE 3 HE 4 HE 5 Subpart HF HF 1 HF 2 HF 3 HF 4 HF 5 HF 6 HF 7 HF 8 HF 9 HF 10 HF 11 Subpart HL HL 1 HL 2 HL 3 HL 4 HL 5 HL 6 HL 7 HL 8 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) HK 24(1), (4) HK 24(2), HK 25 HK 24(3) HK 26 new HF 1(8) HF 1(9) “rebate” HF 1(4) HF 1(7) OB 1 “Maori authority”, “Maori authority rules” HI 2 HI 1 HI 4(1), (2), HI 5(4), HI 7 HI 4(3) HI 5(1) HI 5(2), (3) HI 6 HI 8 HI 9 HI 3 HL 1 HL 2 HL 3 HL 4 HL 5 HL 6 HL 7 HL 8 3493 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 HL 9 HL 10 HL 11 HL 12 HL 13 HL 14 HL 15 HL 16 HL 17 HL 18 HL 19 HL 20 HL 21 HL 22 HL 23 HL 24 HL 25 HL 26 HL 27 HL 28 HL 29 HL 30 HL 31 HL 32 HL 33 Subpart HR HR 1 HR 2 HR 3 HR 4 3494 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) HL 9 HL 10 HL 11 HL 11B HL 12 HL 13 HL 14 HL 15 HL 16 HL 17 HL 18 HL 19 HL 20 HL 21 HL 22 HL 23 HL 23B HL 24 HL 25 HL 26 HL 27 HL 28 HL 29 HL 30 HL 31 HD 1(1)(b), (c), (2) HE 2(1), (1A) HE 2(2), (3), OB 1 “category A income”,
 “category B income”, “current value”, “designated investment fund”, “group investment fund” HJ 1 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 HR 5 HR 6 HR 7 HR 8 HR 8(2) Subpart HZ HZ 1 HZ 2 PART I Subpart IA IA 1 IA 2 IA 3 IA 4 IA 5 IA 6 IA 7 IA 8 IA 9 IA 10 Subpart IC IC 1 IC 2 IC 3 IC 4 IC 5 IC 6 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) OC 1(2) OC 1(2)–(6) OC 1(6) FC 22–FC 24 FC 23 HZ 1 HZ 2 IE 1(1)(a) BC 4(4), DV 5(4)(b), DV 7(2), IE 1(1), (3)(a), IE 2(1), IE 3(5), IE 4(6), LB 2(3), (3A), LE 4(5), ME 9(5B) BC 4(4), HH 3(4), IE 1(1), (2), IG 10, NH 3(2), NH 4(5), (6), NH 5(6), (7) IE 1(2) IF 1(1) IG 1(1) DV 5(4)(b), DV 7(2), EY 42(10), HG 16, IE 1(2BB), (2C), IE 3(5), IE 4(6), IG 4(4), IG 5(5), IG 7(2), (3), IH 1, IH 2(1), IH 3–IH 5, II 1(1), (2) ID 1(1) IE 1(3)(b), IF 5, IG 6(5) new IG 1(1), (3), IG 2(1), 2(c), (e) IG 1(1), (3), IG 2(1), 2(c), (e) IG 1(2), (5) IG 1(3) IG 2(2) IG 1(1), (2), IG 2(2)(c), (4)(d)(ii), (5)(c)(ii) 3495 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 IC 7 IC 8 IC 9 IC 10 IC 11 IC 12 Subpart ID ID 1 ID 2 ID 3 ID 4 ID 5 Subpart IE IE 1 IE 2 IE 3(1), (2) IE 4 IE 5 Subpart IP IP 1 IP 2 IP 3 IP 4 IP 5 IP 6 IP 7 Subpart IQ IQ 1 IQ 2 IQ 3 IQ 4 3496 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) IG 2(2)(d), (11) IG 2(2)(f), (g) IG 2(g), (3) IG 2(c), (e) IG 2(7) IG 2(6) IG 6(1A)–(3) IG 6(4), (6), (7) IG 6(6) IG 6(7) IG 6(8) IF 4–IF 6 IF 4 IF 6 IG 9 IF 4, IG 8, IG 9 IG 2(4)(e), (f), (5)(e), (f) IG 2(2)(e), (4)(c), (d), (5)(b), (c) IF 1(2), (3) IG 2(4) IG 2(2)(b)–(f), (5) IF 1(2), (3), IG 2(4)(c), (d), (5)(c), (d), (10) IG 2(4), (5) IE 3 (1), IE 4 (1), IF 3, IF 6, IG 4(1), IG 5(1), IG 7(1) IE 3 (2), (3), (5) IE 4 (2)–(6) IG 4 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 IQ 5 IQ 6 IQ 7 IQ 8 IQ 9 Subpart IS IS 1 IS
 2 IS 3 IS 4 IS 5 IS 6 Subpart IT IT 1 Subpart IV IV 1 Subpart IW IW 1 Subpart IZ IZ 1 IZ 2 IZ 3 IZ 4 IZ 5 IZ 6 IZ 7 PART L Subpart LA LA 1 LA 2 LA 3 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) IG 5 IG 7(2) IG 7(4) IG 7(5) IE 3(4) IG 6(2), IH 4(2) IH 1(1), IH 5 IH 4(3) IH 4(3) proviso IH 2(1), IH 3 IH 1, IH 4(1)(e) II 1(3), (4), II 3 IF 7 IG 10 FF 18, IE 2 IH 2 IH 1(2) IF 1(5) IF 1(6) IF 2 IG 2(2)(c), (d)(ii)(B) new BC 9 BC 9 3497 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 LA 4 LA 5 LA 6 LA 7 LA 8 LA 9 LA 10 Subpart LB LB 1 LB 2 LB 3 LB 4 LB 5 LB 6 Subpart LC LC 1 LC 2 LC 3 LC 4 LC 5 LC 6 LC 7 LC 8 LC 9 LC 10 LC 11 LC 12 Subpart LD 3498 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) BC 8(2), BC 9(1), BC 10, KD 4(2), LD 3(3), LD 3A(4), LE 2(6) BC 9, BC 10 LD 1, LD 3, LD 3A, LD 6, LD 7, LD 8, MD 1 BC 8(1), MD 1, KD 4(2) LD 2, MD 1 BC 9(1), LB 2(2), LE 2(4), (8) BC 9 LD 1(2), (2A), (4), (5) LD 6, LD 7 LD 3(2), NF 1(2)(b)(ix), (x), NF 8B(b) KD 1A(2), KD 2(1), KD 3(2) LD 2 LD 1B KC 1(1)(a), (b), (4) KC 1(1)(c) KC 2 KC 3(1) KC 3(3) “full time earner”, “remunerative work” KC 4(1), (1A) KC 4(2) “housekeeper” KC 4(2) “child”, “communal home”, “home”, “institution”, “qualifying payments”, “separated person” KF 3 KB 2 KC 1(2), KC 3(2) KC 1(3), KC 3(2) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 LD 1 LD 2 LD 3 Subpart LE LE 1 LE 2 LE 3 LE 4 LE 5 LE 6 LE 7 LE 8 LE 9 LE 10 LE 11 Subpart LF LF 1 LF 2 LF 3 LF 4 LF 5 LF 6 LF 7 LF 8 LF 9 LF 10 Subpart LJ LJ 1 LJ 2 LJ 3 LJ 4 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) KC 5 KC 5(1) KC 5(1)(aa)–(cp), (4) LB 1(1)(j), (k), LB 2(1), (1B), (1C), (2C), GC 22(4), (5), (9), GC 23, GC 24 LB 2(2B), (3) LB 1(1)(hb), LB 2(2B), (3B), (3C) LB 1(1)(ab), LB 1A LB 1(1)(a), (2), (3), (3A) LB 1(1)(b), (4), (4A), (4B) LB 2(1C) LB 1(1)(c) LB
 1(1)(e), (5) LB 1(1)(h), LB 2(5), (6) LB 1(1)(f), LB 2(4) LB 1(1)(l), LD 8(1), (1B), (1C) LB 1(1)(ab), LB 1A LB 1(1)(a), (2), (3), (3A) LB 1(1)(b), (4), (4A), (4B) LD 8(1C) LB 1(1)(d) LB 1(1)(e), (5) LB 1(1)(d), LD 9 LB 1(1)(i), LD 8(4), (5) LB 1(1)(g), LD 8(3) LC 1(1)–(5), LC 14(1), LC 14A LC 1(1), (1B), (1C), LC 2 LC 1(1) LC 14(1) 3499 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 LJ 5 LJ 6 LJ 7 Subpart LK LK 1 LK 2 LK 3 LK 4 LK 5 LK 6 LK 7 LK 8 LK 9 LK 10 LK 11 LK 12 LK 13 LK 14 LK 15 Subpart LL LL 1 LL 2 LL 3 LL 4 LL 5 LL 6 LL 7 LL 8 LL 9 Subpart LO LO 1 3500 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) LC 14 LC 1(2) LC 1(3A), (3B), LC 3 LC 4(1), (4) LC 4(1)–(3) LC 4(1) LC 4(4) LC 4(4)–(6) LC 5 LC 4(7) LC 16(1) LC 16(2), (3) LC 16(4) LC 16(5) LC 8, LC 11, LC 12 LC 8 LC 9, LC 10 LC 12 LF 1(1)(a) LF 1(1)(a), (2), LF 2(2), (3), LF 3(1), LF 6(4)–(6) LF 5(1) LF 5(2)–(5) LF 3(1)(f), (g), (h) LF 4 LF 7 LF 3(2), LF 5(2)(e) LF 1(2), LF 2(2), (3), LF 5(1)(e), (5) LB 1(1)(m), LD 3A(1) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 LO 2 LO 3 LO 4 LO 5 Subpart LP LP 1 LP 2 LP 3 LP 4 LP 5 LP 6 LP 7 LP 8 LP 9 LP 10 Subpart LQ LQ 1 LQ 2 LQ 3 LQ 4 LQ 5 Subpart LR LR 1 Subpart LS LS 1 LS 2 LS 3 LS 4 Subpart LZ LZ 1 LZ 2 LZ 3 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) LB 1(3), (3A) LB 1(1)(ea) LD 3A(6) LD 3A(5) LE 1 LE 2(1), (2), (2A), LE 3(5) LE 2(3), (4), (6), (7) LE 2(5) LE 2(9), (10) LE 2(11), (12) LE 3(1), (3), (11) LE 3(6), (8) LE 3(7), (9) LE 3(10), LE 4 KH 1(1), (2) KH 1(3) KH 2(3), (5)–(7) KH 2(1)–(2A), (4) LG 1 ME 19, ME 24, ME 28 KI 1 LD 10 LD 10B LD 11 LF 6(1), (3) KZ 3(1), (4) KZ 3(2) 3501 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 LZ 4 LZ 5 LZ 6 LZ 7 LZ 8 LZ 9 LZ 10 LZ 11 LZ 12 PART M Subpart MA MA 1 MA 2 MA 3 MA 4 MA 5 MA 6 MA
 7 MA 8 Subpart MB MB 1 MB 2 MB 3 MB 4 MB 5 Subpart MC MC 1 MC 2 MC 3 MC 4 3502 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) KZ 3(3) KZ 3(1) KE 1(1) KE 1(1) KE 1(3) KG 1(1) KG 1(1) proviso KG 1(2) KG 1(3), (4) new new KD 8 KB 3 KD 9 new OB 1 “full time earner” new KD 1(1)(a), (b), (e)(vii), (i), (3) KD 1(4)–(6) KD 1(1)(f), (2) KD 1(1)(g) KD 1(1)(h) KD 1A new KD 2AA(4), KD 3(1), OB 1 “qualifying person” (a)(i) KD 2AA(4), KD 3(1), OB 1 “qualifying person” (a)(ii) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 MC 5 MC 6 MC 7 MC 8 MC 9 MC 10 MC 11 Subpart MD MD 1 MD 2 MD 3 MD 4 MD 5 MD 6 MD 7 MD 8 MD 9 MD 10 MD 11 MD 12 MD 13 MD 14 MD 15 Subpart ME ME 1 ME 2 Subpart MF MF 1 MF 2 MF 3 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) KD 3(1), OB 1 “qualifying person” (a)(iii) KD 3(1) “qualifying person” KD 3A(2)–(4) OB 1 “eligible period” KD 2AA(7)–(10), KD 3A(5)–(9) KD 2AA(2), (3), OB 1 “principal caregiver” KD 2AA(1), (11), OB 1 “speciﬁed period”, “eligible period” KD 2(1), (2) KD 2A KD 2(3), KD 2AA(3) KD 2AAA(1), (3A) KD 2AAA(1)(a) KD 2AAA(1)(b) KD 2AAA(1)(c), (3), (4) KD 2AAA(1)(e) KD 2AAA(1)(d), (5)–(8) KD 2AAA(2) KD 2AA(3), KD 2AB KD 2(5) KD 2(6), (7) KD 2(6B) KD 2(6C) KD 3(2)–(5) KD 3(1) “employment”, KD 3A(10) KD 5(1), (1A) KD 5(8) KD 5(6) 3503 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 MF 4 MF 5 MF 6 MF 7 Subpart MK MK 1 MK 2 MK 3 MK 4 MK 5 MK 6 MK 7 MK 8 Subpart MZ MZ 1 MZ 2 PART O Subpart OA OA 1 OA 2(2), (3) OA 3 OA 4 3504 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) KD 5(6A), (7) KD 4(4) KD 4(2), (2A) KD 5C KJ 1, OB 1 “member credit year” KJ 2 KJ 1, KJ 4, OB 1 “member credit contribution” KJ 3, OB 1 “member credit year” KJ 5(2) KJ 5(3), (4) KJ 5(1), (5) KJ 3, OB 1 “member credit year” KD 2AA(3A), KD 2AAAB KD 2(4) new ME 1(1), ME 3(1), ME 10(1), (1A)–(1C), ME
 15, ME 17(1), ME 20, ME 21(1), ME 22(1), ME 25, ME 26(2), ME 40, MF 1(1), MF 3(1), MF 6, MF 7(1), MF 11(1), MF 12(1), MG 2(1), MG 3(1), MG 12, MG 13(1), MG 14(1), MG 15(1), MI 2(1), (4), MI 3(1), MI 14, MI 17(1), MI 18(1), MJ 1(1), MJ 3(1), MJ 8, MK 1(1), MK 3(1), MK 9 ME 2, ME 3(1), ME 16, ME 17(1), ME 22(1), ME 26, MF 3(1), MF 8, MF 12(1), MG 1, MG 3(1), MG 14(1), MG 15(1), MI 1, MI 3(1), MI 17(1), MI 18(1), MJ 2, MJ 3(1), MK 2, MK 3(1) ME 13, ME 28(4), MF 9, MF 11(3), MG 16, MI 19 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 OA 5 OA 6 OA 7 OA 8 OA 9 OA 10 OA 11 OA 12 OA 13 OA 14 OA 15 OA 16 OA 17 OA 18 Subpart OB OB 1 OB 2 OB 3 OB 4 OB 5 OB 6 OB 7 OB 8 OB 9 OB 10 OB 11 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) new new ME 3(2), ME 10(1A)–(1C), (2), ME 17(2), ME 22(2), ME 26(1), MF 3(2), MF 8(1), MF 12(2), MG 3(2), MG 13(3), MI 3(2), MI 15, MJ 3(2), MK 3(2) ME 5(3), ME 12(1)(h), ME 13(2), (4), MF 4(5), MF 8(4), MG 15(1), MI 5(3)–(7), MI 18(1)(e), (3), (4), MK 5(3), (4) ME 29(1)(a), MF 16(1)(a), MG 17(1)(a), MI 13 ME 29(1), MF 16(1), MG 17(1), MI 13 MG 17(1) MI 13(6) ME 29(1) ME 29(2)(a), MF 16(2)(a), MG 17(2)(a) ME 29(2)(b), MF 16(2)(b), MG 17(2)(b) MG 17(2)(b) ME 29(2) ME 8(1), MG 8(1), MG 10(1), MI 8(1), MK 7(1) ME 1 ME 1A ME 13(1) ME 4(1)(a), (1C), (2)(a) ME 4(1)(ac), (2)(ac) ME 4(1)(ad), (2)(ad) ME 4(1)(c), (2)(a) ME 4(1)(i), (2)(g) ME 4(1)(d), (2)(c) ME 4(1)(e), (2)(c) ME 4(1)(f), (2)(d) 3505 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 OB 12 OB 13 OB 14 OB 15 OB 16 OB 17 OB 18 OB 19 OB 20 OB 21 OB 22 OB 23 OB 24 OB 25 OB 26 OB 27 OB 28 OB 29 OB 30 OB 31 OB 32 OB 33 OB 34 OB 35 OB 36 OB 37 OB 38 OB 39 OB 40 OB 41 OB 42 OB 43 3506 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) ME 4(1)(g), (2)(e) ME 4(1)(cb), (2)(bb), ME 9B(1), (2) ME 4(1)(cc), (2)(bc) ME 4(1)(cd), (2)(bd) ME 4(1)(ab),
 (2)(ab) ME 4(1)(j), (2)(h) ME 4(1)(da), (2)(ca) ME 4(1)(aab), (2)(aab) ME 4(1)(ea), (2)(cb) ME 4(1)(k), (2)(k) ME 4(1)(eb), (ec), (2)(cc) ME 4(1)(ed), (2)(cd) ME 29, MG 17, MI 13 ME 4(1)(h), (2)(f) ME 4(1A), (2A) ME 4(1B)(a), (2B)(a) ME 4(1B)(b), (2B)(b) ME 4(1B)(c), (2B)(c) ME 5(1)(a), (2)(a) ME 5(1)(d), (2)(d) ME 5(1)(e), (2)(e) ME 5(1)(l), (2)(k) ME 5(1)(ea), (2)(ea), (eb) ME 5(1)(eb), (2)(ea), (eb) ME 5(1)(g), (2)(g) ME 5(1)(h), (2)(e) ME 5(1)(m), (2)(k) ME 5(1)(o), (2)(l), (6), (7) ME 5(1)(ia), (2)(ha) ME 5(1)(i), (2)(h) ME 5(1)(c), (2)(c) ME 5(1)(f), (2)(f) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 OB 44 OB 45 OB 46 OB 47 OB 48 OB 49 OB 50 OB 51 OB 52 OB 53 OB 54 OB 55 OB 56 OB 57 OB 58 OB 59 OB 60 OB 61 OB 62 OB 63 OB 64 OB 65 OB 66 OB 67 OB 68 OB 69 OB 70 OB 71 OB 72 OB 73 OB 74 OB 75 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) ME 5(1)(fb), (2)(fb), ME 9B(2)(a)(i) ME 41 ME 5(1)(ja), (2)(ia) ME 5(1)(b), (2)(b), ME 7 ME 5(1)(ka), (2)(ja) ME 5(1)(ab), (2)(ab) ME 5(1)(ac), (2)(ac) ME 5(1)(ad), (2)(ac) ME 13(3) ME 29, MG 17, MI 13 ME 5(1)(j), (2)(i) ME 6(4)(a) ME 5(1)(k), (2)(j) ME 5(1A)(a), (2A) ME 5(1A)(b), (2A) ME 5(1A)(c), (2A) ME 1B, ME 6, ME 8(1), (2) ME 8(2), (3), ME 14(2) ME 6 ME 6(1B)–(1D) ME 6B ME 9(1), (1A), (2) ME 9(3) ME 9(7)–(9) ME 9(5A), (8), (9) ME 9(5), (5B), ME 13(6) ME 9(6) ME 9B ME 9C ME 30, ME 31 ME 32 ME 33 3507 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 OB 76 OB 77 OB 78 OB 79 OB 80 OB 81 OB 82 Subpart OC OC 1 OC 2 OC 3 OC 4 OC 5 OC 6 OC 7 OC 8 OC 9 OC 10 OC 11 OC 12 OC 13 OC 14 OC 15 OC 16 OC 17 OC 18 OC 19 OC 20 OC 21 OC 22 OC 23 3508 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) ME 34 ME 30(3), (4) ME 35, ME 36 ME 37 ME 38 ME 39 ME 35 CD 9, LD 9, ME 4(1)(e), (f), MG 2(1), (3), MG 4(1)(a), (b), MG 5(3) MG 16(1), (4) MG 2(2), (3) MG 2(4), (5) MG 2(6), (7) MG
 4(1)(a), (c), (2)(a), (3), MI 10(2) MG 4(1)(b), (2)(b) MG 4(1)(bb), (2)(bb) MG 4(1)(ba), (2)(ba) MG 4(1)(bc), (2)(bc) MG 4(1)(bd), (2)(bd) MG 4(1)(d), (2)(d) MG 5(1)(a), (2)(a) MG 5(1)(d), (2)(d) MG 5(1)(k), (2)(i) MG 5(1)(e), (2)(d) MG 5(1)(ab), (2)(ab) MG 5(1)(c), (2)(c), MG 11 MG 5(1)(ca), (2)(ca), MI 6(1) MG 5(1)(b), (2)(b), MG 7 MG 16(3) MG 5(1)(f), (2)(e), MG 8(4) MG 5(1)(g), (2)(e), MG 8B, MG 16A(1B) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 OC 24 OC 25 OC 26 OC 27 OC 28 OC 29 OC 30 OC 31 OC 32 OC 33 OC 34 OC 35 OC 36 OC 37 OC 38 OC 39 Subpart OD OD 1 OD 2 OD 3 OD 4 OD 5 OD 6 OD 7 OD 8 OD 9 OD 10 OD 11 OD 12 OD 13 OD 14 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) MG 5(1)(i), (2)(g), (3), (4) MG 5(1)(h), (2)(f) MG 5(1)(j), (2)(h) MG 6, MG 8(1), (2) MG 8(2), (3), MG 16A(1) MG 10 MG 9(1), (2), (6) MG 9(3) MG 9(7), (8) MG 9(4), (5A) MG 9(5), MG 16(6) MG 8B(4) “DWP reference period” MG 8B(4) “maximum deﬁcit debit” MG 8B(4) “policyholder DWP ratio” MG 8B(4) “reduced deﬁcit debit” MG 8B(4) “shareholder DWP ratio” MI 2(1), (4), MI 4(1)(a), MI 5(1)(a), MI 14(1), NG 9(1)(a) MI 2(4), MI 19(1), (5) MI 2(1)–(3) MI 2(5)–(7) MI 4(1)(a), (2)(a) MI 4(1)(e), (2)(e), MI 6(1) MI 4(1)(c), (2)(c) MI 4(1)(b), (2)(b) MI 4(1)(d), (2)(d) MI 5(1)(a), (2)(a) MI 5(1)(i), (2)(h), MI 6(2) MI 5(1)(j), (2)(i) MI 5(1)(b), (2)(b) MI 5(1)(f), (2)(f), (5), (7) 3509 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 OD 15 OD 16 OD 17 OD 18 OD 19 OD 20 OD 21 OD 22 OD 23 OD 24 OD 25 Subpart OE OE 1 OE 2 OE 3 OE 4 OE 5 OE 6 OE 7 OE 8 OE 9 OE 10 OE 11 OE 12 OE 13 OE 14 OE 15 OE 16 OE 17 OE 18 OE 19 3510 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) MI 5(1)(g), (2)(f), (5) MI 5(1)(e), (2)(e), (3)–(6) MG 8(4), MI 5(1)(c), (2)(c) MI 5(1)(d), (2)(d), MI 9 MI 5(1)(h), (2)(g) MG 8(1), (8), MI 7(2), MI 8(1) MG 8(2), (3), (8), MI 8, MI
 22(1)–(3) MG 10, MI 7(1), MI 8(1) MI 10 MI 13(7) MI 11 MF 1(1), MF 11(1) MF 1(3), MF 4(1)(a), (3)(a), (5), MF 7(1)(a), MF 9 MF 1(1), (2) MF 1(4), (5) MF 15 MF 4(1)(a), (2)(a) MF 4(1)(c), (2)(b), MF 5(4)–(7) MF 4(1)(c), MF 5(4)–(7) MF 4(1)(d), (2)(c) MF 4(1)(e), (2)(d), (5), (6) MF 4(1)(f), (2)(e) MF 4(3)(a), (4)(a) MF 4(3)(b), (4)(b), MF 5(1)–(3) MF 4(3)(c), (4)(c) MF 4(3)(d), (4)(d), (5), (6) MF 4(3)(e), (4)(e) MF 11(1), (2) MF 11(4), (5) MF 13(1), (2) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 OE 20 OE 21 OE 22 Subpart OF OF 1 OF 2 OF 3 OF 4 OF 5 Subpart OJ OJ 1 OJ 2 OJ 3 OJ 4 OJ 5 OJ 6 OJ 7 OJ 8 OJ 9 OJ 10 OJ 11 OJ 12 OJ 13 OJ 14 OJ 15 OJ 16 OJ 17 OJ 18 Subpart OK OK 1 OK 2 OK 3 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) MF 13(3)(a), MF 14 MF 13(3)(b) MF 13(3)(c) MJ 1(1), MJ 5(1), MJ 6(1) MJ 3(1) MJ 1(1) MJ 5 ME 4(1)(da), MJ 6 ME 15, ME 21, ME 22(1) ME 15, ME 17(1), ME 27(1), (3) ME 14(1), ME 18(1)(a), (2)(a) ME 18(1)(b), (2)(b) ME 18(1)(c), (2)(c) ME 18(1)(bb), (2)(bb) ME 18(1)(bc), (2)(bb) ME 18(3)(a), (4)(a), ME 19(1), (2) ME 18(3)(b), (4)(b), ME 19(3)–(6) ME 27(2) ME 18(3)(c), (4)(c), ME 19A ME 21(1), (2) ME 21(3), (4) ME 23(1)(a), (2)(a), (3), (6)(a) ME 23(1)(b), (2)(b) ME 23(4)(a), (5)(a), ME 24 ME 23(4)(b), (5)(b) ME 23(4)(c), (5)(c) MK 1, MK 3 MK 4(1)(a), (2)(a) MK 4(1)(b), (2)(a) 3511 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 OK 4 OK 5 OK 6 OK 7 OK 8 OK 9 OK 10 OK 11 OK 12 OK 13 OK 14 OK 15 OK 16 OK 17 OK 18 OK 19 OK 20 OK 21 OK 22 OK 23 OK 24 Subpart OP OP 1 OP 2 OP 3 OP 4 OP 5 OP 6 OP 7 OP 8 OP 9 OP 10 3512 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) MK 4(1)(c), (2)(a) MK 4(1)(d), (2)(b) MK 4(1)(e), (2)(c) MK 4(1)(f), (2)(c) MK 4(1)(h), (2)(e) MK 4(1)(g), (2)(d) MK 5(1)(a), (2)(a) MK 5(1)(b), (2)(b) MK 5(1)(c), (g), (2)(c) MK 5(1)(j), (2)(i) MK 5(1)(e), (2)(c) MK
 5(1)(f), (2)(f) MK 5(1)(d), (2)(d), MK 7(5) MK 5(1)(h), (2)(g) MK 5(1)(i), (2)(h) MK 6, MK 7(1) MK 7(2)–(4) MK 8(1), (2), (6) MK 8(3), (4), (6) MK 8(5) MK 8(5B) ME 10, ME 25, MF 7, MG 13, MI 14 ME 13, ME 27, MF 9, MG 16, MI 19 ME 10(1A), (1B), (1D) ME 10(1C) ME 12(1) ME 14(3) ME 11(1)(a), (2)(a) ME 11(1)(aa), (2)(aa) ME 11(1)(ab), (2)(ab) ME 11(1)(b), (2)(b) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 OP 11 OP 12 OP 13 OP 14 OP 15 OP 16 OP 17 OP 18 OP 19 OP 20 OP 21 OP 22 OP 23 OP 24 OP 25 OP 26 OP 27 OP 28 OP 29 OP 30 OP 31 OP 32 OP 33 OP 34 OP 35 OP 36 OP 37 OP 38 OP 39 OP 40 OP 41 OP 42 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) ME 11(1)(c), (2)(a) ME 11(1)(d), (2)(c) ME 11(1)(e), (2)(c) ME 11(1)(f), (2)(a) ME 11(1)(eb), (ec), (2)(cb) ME 11(1)(ed), (2)(cc) ME 11(1)(j), (2)(c) ME 11(1)(fb), (2)(fb) ME 11(1)(g), (2)(d) ME 11(1)(jb), (2)(eb) ME 11(1)(k), (2)(d) ME 13(2), (3) ME 11(1A), (2A) ME 11(1)(i), (2)(e) ME 11(1B)(a), (2B)(a) ME 11(1B)(b), (2B)(b) ME 11(1B)(c), (2B)(c) ME 12(1)(a), (2)(a) ME 12(1)(c), (2)(c) ME 12(1)(d), (2)(d) ME 12(1)(l), (2)(k) ME 12(1)(da), (2)(da) ME 12(1)(db), (2)(da) ME 12(1)(f), (2)(d) ME 12(1)(f), (2)(d) ME 12(1)(m), (2)(k) ME 12(1)(k), (2)(j) ME 12(1)(n), (2)(l), (3), (4) ME 12(1)(ab), (2)(ab) ME 12(1)(ac), (2)(ac) ME 12(1)(ad), (2)(ac) ME 12(1)(h), (2)(g), ME 13(2) 3513 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 OP 43 OP 44 OP 45 OP 46 OP 47 OP 48 OP 49 OP 50 OP 51 OP 52 OP 53 OP 54 OP 55 OP 56 OP 57 OP 58 OP 59 OP 60 OP 61 OP 62 OP 63 OP 64 OP 65 OP 66 OP 67 OP 68 OP 69 OP 70 OP 71 OP 72 OP 73 OP 74 3514 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) ME 12(1)(e), (2)(e) ME 12(1)(b), (2)(b), ME 14(1) ME 41 ME 12(1)(i), (2)(h) ME 12(1)(j), (2)(h) ME 12(1A)(a), (2A) ME 12(1A)(b), (2A) ME 12(1A)(c), (2A) MG 13(1) MG 2(4), (5) MG 13(6), (7) MG 16(1) MG
 16A(2) MG 14(1)(a), (2)(a) MG 14(1)(c), (2)(a) MG 14(1)(b), (2)(a) MG 14(1)(e), (2)(c), MG 16(2), (4) MG 14(1)(bb), (2)(ab) MI 20(2) MG 14(1)(f), (2)(d) MG 14(1)(d), (2)(b) MG 15(1)(a), (2)(a) MG 15(1)(ab), (2)(ab) MG 15(1)(d), (2)(d) MG 15(1)(l), (2)(j) MG 15(1)(e), (2)(d) MG 15(1)(c), (2)(c) MI 20(1) MG 15(1)(k), (2)(i), MG 16(5) MG 15(1)(f), (2)(e) MG 15(1)(i), (2)(g) MG 15(1)(b), (2)(b) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 OP 75 OP 76 OP 77 OP 78 OP 79 OP 80 OP 81 OP 82 OP 83 OP 84 OP 85 OP 86 OP 87 OP 88 OP 89 OP 90 OP 91 OP 92 OP 93 OP 94 OP 95 OP 96 OP 97 OP 98 OP 99 OP 100 OP 101 OP 102 OP 103 OP 104 OP 105 OP 106 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) MG 15(1)(g), (2)(e) MG 15(1)(h), (2)(f) MG 15(1)(j), (2)(h) MI 14, MI 16 MI 19(1), (2) MI 22(1) MI 17(1)(a), (2)(a) MI 17(1)(b), (2)(b) MI 17(1)(c), (2)(c) MI 17(1)(e), (2)(e), MI 19(3), (4) MI 17(1)(f), (2)(f), MI 20(1) MI 17(1)(d), (2)(d) MI 18(1)(a), (2)(a) MI 18(1)(g), (2)(g), MI 20(2) MI 18(1)(b), (2)(b) MI 19(5) MI 18(1)(e), (2)(e), (3), (4) MI 18(1)(c), (2)(c) MI 18(1)(d), (2)(d) MI 18(1)(f), (2)(f) MI 21 MI 22(4) MF 7(1), (2) MF 7(3), (4) MF 9 MF 8(2)(a), (3)(a) MF 8(2)(c), (3)(b), MF 10(4)–(6) MF 8(2)(c), (3)(b), MF 10(4), (5), (6) MF 8(2)(d), (3)(c) MF 8(2)(e), (3)(d) MF 8(4)(a), (5)(a) MF 8(4)(b), (5)(b), MF 10(1) 3515 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 OP 107 OP 108 OP 109 OP 110 OP 111 OP 112 OP 113 OP 114 OP 115 OP 116 Subpart OZ OZ 1 OZ 2 OZ 3 OZ 4 OZ 5 OZ 6 PART R Subpart RA RA 1 RA 2 RA 3 RA 4 RA 5 RA 6 RA 7 RA 8 RA 9 RA 10 RA 11 3516 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) MF 8(4)(c), (5)(c) MF 8(4)(d), (5)(d) ME 25 ME 26(2)(a), (3)(a) ME 26(2)(b), (3)(b) ME 26(2)(c), (3)(c), ME 27(1), (3) ME 26(2)(d), (3)(d) ME 26(2)(e), (3)(d) ME 26(4)(a), (5)(a), ME 28(1), (2) ME 26(4)(b), (5)(b), ME
 28(3), (4) ME 4(1)(a)(viii) ME 5(1)(e)(i) ME 5(1)(n) ME 5(4), MG 5(4) MJ 1(2), MJ 4 MJ 7 new MB 12, NC 2(1), ND 1W(2), NE 7(2), NF 13, NG 17(2), NH 3(7) BC 9, MC 1 BB 2(3), MB 4 BE 1(1), (4), (5), NC 15, ND 1, NE 3 NF 4, NG 11, NH 3 MH 1 NC 16, NE 2A(1), (2), NF 3, NG 12 NC 19, NE 6, NF 12, NG 15 NC 5(2), NC 16, NC 20(1), ND 1, ND 1W(2), NE 5, NF 3, NF 4, NF 13, NG 12, NG 13 NF 6(1), NG 16A(1) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 RA 12 RA 13 RA 14 RA 15 RA 16 RA 17 RA 18 RA 19 RA 20 RA 21 RA 22 RA 23 Subpart RB RB 1 RB 2 RB 3 RB 4 Subpart RC RC 1 RC 2 RC 3 RC 4 RC 5 RC 6 RC 7 RC 8 RC 9 RC 10 RC 11 RC 12 RC 13 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) NF 6(2)–(4), NF 7(1), (2), NG 16A(2), (3) MC 1 MB 8(1), (2) NC 15, ND 9(2), (3), ND 10, ND 13, ND 14, NE 4, NF 4, NG 11, NH 3 NF 4(5), NG 11(4) NF 4(6) NF 4(6B), NG 11(4B) NBA 7, ND 10(4)(a), NF 7, NG 16, NH 4 NC 15(7), ND 13(8), ND 14(8), NH 4(8) NC 21, ND 1F NC 20 NE 7, NG 17(1) MC 1 BC 1 BC 7, NG 3 MD 1(3), (3A) MB 1 OB 1 “provisional tax rules” MB 2, OB 1 “provisional tax rules” MB 3 MB 4 MB 5 MB 6 MB 7 MB 8 MB 9 MB 10 MB 12 MB 13 3517 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 RC 14 RC 15 RC 16 RC 17 RC 18 RC 19 RC 20 RC 21 RC 22 RC 23 RC 24 RC 25 RC 26 RC 27 RC 28 RC 29 RC 30 RC 31 RC 32 RC 33 RC 34 RC 35 RC 36 RC 37 RC 38 RC 39 RC 40 Subpart RD RD 1 RD 2 RD 3 RD 4 3518 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) MB 14 MB 16 MB 15(1)–(4), (11) MB 15(5)–(10) MB 17 MB 18 MB 19 MB 20 MB 21 MB 22 MB 23 MB 24 MB 25 MB 27 MB 29 MB 30 MB 31 MB 32 MB 33 MB 34 MB 35 MB 37 MB 38 MBB 2(1)(a), (d) MBB 2(1)(b), (c), (2)–(4) MBB 3 MBB 4 new NC 15(4), OB 1 “PAYE rules” NC 1(2), OB 2 NC 15(1), NC 16 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 RD 5 RD 6 RD 7 RD 8 RD 9 RD 10 RD 11
 RD 12 RD 13 RD 14 RD 15 RD 16 RD 17 RD 18 RD 19 RD 20 RD 21 RD 22 RD 23 RD 24 RD 25 RD 26 RD 27 RD 28 RD 29 RD 30 RD 31 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) OB 1 “salary or wages” NC 4 OB 1 “extra pay” NC 21(f)–(h), Income Tax (Withholding Payments) Regulations 1979, regulations 2, 4, 6–8 NC 6(1A), (3) NC 6, NC 8(1A), Income Tax (Withholding Payments) Regulations 1979, regulation 3 NC 6(1C), (1D), NC 13 NC 10 NC 11 NC 12 NC 2(2)–(4) NC 2(1) NC 2(5) NC 7(2) Income Tax (Withholding Payments) Regulations 1979, regulations 10, 11 Income Tax (Withholding Payments) Regulations 1979, regulation 12 NC 5 NC 15(1), (5), (6) NC 18 NC 18(1), Income Tax (Withholding Payments) Regulations 1979, regulation 5(3) OB 1 “FBT rules” ND 1(1)–(3) ND 1A(1), ND 1L ND 1A(1)–(1D) ND 1A(2)–(6) ND 1AB ND 1B(1)–(6) 3519 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 RD 32 RD 33 RD 34 RD 35 RD 36 RD 37 RD 38 RD 39 RD 40 RD 41 RD 42 RD 43 RD 44 RD 45 RD 46 RD 47 RD 48 RD 49 RD 50 RD 51 RD 52 RD 53 RD 54 RD 55 RD 56 RD 57 RD 58 RD 59 RD 60 RD 61 RD 62 RD 63 3520 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) ND 1B(7) ND 1C ND 1D, ND 1G ND 1DB ND 1E ND 1H ND 1I ND 1IB, ND 8B ND 1J ND 1K ND 1N ND 1O ND 1P(2) ND 1Q ND 1R ND 3(1), (1A) ND 3(2) ND 3(4)–(7), ND 4, ND 16 ND 5(3)–(6) ND 5(1), (2), ND 7, ND 7A ND 5A ND 6 GC 15(3), (4), ND 1S ND 1T ND 1U ND 1V ND 1(2)(b), (4), ND 2(2) ND 1(2)(a), ND 10(1), ND 2(1)–(4) ND 1(2)(c), (5), ND 14, ND 15(7), (8) ND 1(2)(c), (4), (5), ND 13 ND 2(4), ND 14(2B), ND 15 ND 8 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 RD 64 RD 65 RD 66 RD 67 RD 68 RD 69 RD 70 RD 71 RD 72 Subpart RE RE 1 RE 2 RE 3 RE 4 RE 5 RE 6 RE 7 RE 8 RE 9 RE 10 RE 11 RE 12 RE 13 RE 14 RE 15 RE 16 RE 17 RE 18 RE 19 RE 20 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) NE 1, OB 1 “SSCWT
 rules” NE 2(2), NE 3, NE 3B, NE 6, OB 1 “employer’s superannuation contribution”, “speciﬁed superannuation contribution” OB 1 “complying fund rules” NE 2 NE 2A(1), (2) NE 2B NE 5 NE 6 NEA 1 OB 1 “RWT rules” NF 1(2), (4), (5) NF 2(1A), (1AB) NF 2(3), (4) NF 2(7) NF 2(8) NF 3(1), (2) NF 3(1) NF 3(3)–(5) NF 2(5) NF 2B NF 2(1)(a) NF 2(1)(b) NF 2(1)(c), (2) NF 2(1)(d) NF 2(1)(e), (f) NF 2(1)(g) NF 2(1B) NF 2A(1), (3), NF 2D(1), (3) NF 4(1), (2) 3521 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 RE 21 RE 22 RE 23 RE 24 RE 25 RE 26 RE 27 RE 28 RE 29 RE 30 Subpart RF RF 1 RF 2 RF 3 RF 4 RF 5 RF 6 RF 7 RF 8 RF 9 RF 10 RF 11 RF 12 RF 12B RF 12C RF 13 RF 14 RF 15 Subpart RG RG 1 3522 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) NF 4(1)–(5), (7), (8) NF 5 NF 8(1) NF 8A(1) NF 8B NF 4(9) NF 9(1), NF 11(1), (2) NF 4(6) NF 2(7) NF 10 OB 1 “NRWT rules” NG 1(2)–(4), NG 3, NG 4 NG 8(1) NG 8(2), (3) NF 2(6) NG 13 NG 2(1)(c) NG 2(1)(a) NG 2(3), (4), OB 1 “fully conduit tax relief credited” NG 2(1)(b)(ii), NG 9 NG 14 NG 2(1)(b)(i), (ib), (iii) NG 2(1)(ab) NG 2(1)(b)(iii) NG 11(1)–(3) NG 2(2) NG 10 OB 1 “dividend withholding payment rules” Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 RG 2 RG 3 RG 4 RG 5 RG 6 RG 7 Subpart RM RM 1 RM 2 RM 3 RM 4 RM 5 RM 6 RM 7 RM 8 RM 9 RM 10 RM 11 RM 12 RM 13 RM 14 RM 15 RM 16 RM 17 RM 18 RM 19 RM 20 RM 21 RM 22 RM 23 RM 24 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) NH 1(2) NH 1(1), NH 3(1) NH 2(1) NH 2(2), (3) NH 3(2)–(4) NH 7 new MD 1(1) NH 4(1) MD 1(2) MD 1(1A) MD 1(2B), NH 3(7) NBA 7 MD 1(4)(b), (c), NF 7(1), (2), (5), NG 16(1), (1A) ND 10(4)(a) MD 1(3), (3A), MD 1(4) MB 11 MB 36 MD 2(1), (1A) MD 2(2) MD 2(3), (4) MD 2(5), (5A) MD 2(6) NH 4(2), (3) NH 4(4)(a) NH 4(4)(b) NH 4(5), (6) MD 2B(1), (1B) MD 2B(2) MD 2B(3) 3523 Schedule 52 Income Tax Act 2007 Reprinted as at 29
 May 2012 Part B—continued Provision Income Tax Act 2007 RM 25 RM 26 RM 27 RM 28 RM 29 RM 30 RM 31 RM 32 RM 33 Subpart RP RP 1 RP 2 RP 3 RP 4 RP 5 RP 6 RP 7 RP 8 RP 9 RP 10 RP 11 RP 12 RP 13 RP 14 RP 15 RP 16 RP 17 RP 18 RP 19 RP 20 RP 21 Subpart RZ 3524 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) MD 2B(4), (4B) MD 2B(5) MD 2B(6) MD 3(1) MD 3(2) MD 3(3) MD 3(4) MD 2(7) MD 2A MBA 1 NBA 1, NBA 8, NBB 7(3) NBB 3 NBB 1, NBB 6 NBB 5(4), (5) NBA 6 NBA 4(2), (3) NBA 4(1B) NBA 4(1)(a) NBA 4(1)(b)(i), (ii) NBA 4(1)(b)(iii) NBA 4(4) NBA 5(1), (2) NBA 5(1) NBA 5(1B) NBA 5 MBA 2 MBA 3, MBA 4(3), MBA 5(1)–(4) MBA 6(1)–(3) MBA 6(4)–(9) MBA 7 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 RZ 1 RZ 2 RZ 3 RZ 4 RZ 5 RZ 6 RZ 7 RZ 8 RZ 9 RZ 10 PART Y Subpart YA YA 1 “association” YA 1 “business” (b) YA 1 “charitable purpose” YA 1 “company” (d), (e) YA 1 “cost” YA 1 “CTR company” YA 1 “grey list company” YA 1 “identical goods” YA 1 “member” YA 1 “minor” YA 1 “policyholder loss” YA 1 “price” YA 2 YA 3 Subpart YB YB 1 YB 2 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) MZ 8 MZ 9 MZ 10 MZ 11 MZ 12 MD 2(5)(a)(ii), MD 3(4)(a) IZ 3 IZ 1, IZ 2, IZ 4 IZ 6 IZ 5 HF 1(9) “association” OC 1(2)(c), OC 3(b) OB 3A OC 1(2)(a), OC 3(a) ND 1P(1) MI 16 EX 24 ND 1M HF 1(9) “member” HH 3F(2) II 2 ND 1P(1) HG 12(2), IZ 7, MB 12, ME 9(6), MI 10(5), MI 21(5), MK 8(6), NC 20(1), ND 1W(2), NE 7(2), NF 13, NG 17(2), NH 3(7), OB 6 OB 6(2), (3) new OD 7(1)(a), (2), (3), OD 8(1)(a), (2), (3)(a)(i), (3A), (4)(a)(i), (6) 3525 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 YB 3 YB 4 YB 5 YB 6 YB 7 YB 8 YB 9 YB 10 YB 11 YB 12 YB 13 YB 14 YB 15 YB 16 YB 17 YB 18 YB 19 YB 20 YB 21 Subpart YC YC 1 YC 2 YC 3 YC 4 YC 5 YC 6 YC 7 YC 8 YC 9 3526 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) OD 8(3)(a)(ii), (3A) OD 8(3)(c), (3A) OD
 7(1)(b), (2), OD 8(4)(b)(i) OD 8(4)(b) OD 8(3)(b) OD 8(1)(b), (2)(b), (c) OB 1 “relative”, OD 7(1)(c), OD 8(1)(c), (3)(d), (4)(c) OB 1 “relative”, OD 7(1)(c), OD 8(1)(c), (3)(d), (4)(c) OB 1 “relative”, OD 7(1)(c), OD 8(1)(c), (3)(d), (4)(c) OB 1 “relative”, OD 7(1)(c), OD 8(1)(c), (3)(d), (4)(c) OD 8(1)(g), (3)(g) OD 8(1)(f), (3)(h) OD 8(3)(i) OD 7(1)(d)(i), OD 8(1)(d), (3)(e), (4)(d) OD 7(1)(d)(ii), OD 8(1)(e), (3)(f), (4)(e) OD 8(3)(j) OD 8(1)(h) OD 8(1), (3), (4) HH 1(1), OD 9 OD 1 OD 3(1), (2) OD 4(1), (2) OD 3(3)(d), OD 4(3)(d), (4) OD 3(3)(a), OD 4(3)(a) OD 3(3)(c), OD 4(3)(c) OD 5(1) OD 5(2) OD 5(3), (4) Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 YC 10 YC 11 YC 12 YC 13 YC 14 YC 15 YC 16 YC 17 YC 18 YC 19 YC 20 Subpart YD YD 1 YD 2 YD 3 YD 4 YD 5 YD 6 YD 7 YD 8 YD 9 YD 10 YD 11 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) OD 5(5) OD 5(6) OD 5(5A)–(5C) OD 5(6A)–(6F) OD 5(7) OD 5(8) OD 5(9) OD 5A OD 5AA OD 5B OD 6 OE 1 GC 9(6), OE 2(1), (1B) OE 2(2)–(6) FB 2(2) FB 2(1A) FC 18, FC 19 FC 21 FC 13, FC 14(1) OE 8 OE 7(1), (2) OE 7(3)–(5) 3527 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part B—continued Provision Income Tax Act 2007 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) Subpart YE YE 1 Subpart YF YF 1 Subpart YZ YZ 1 PART Z ZA 1 ZA 2 ZA 3 ZA 4 ZA 5 ZA 6 Schedules Schedule 1 Schedule 2 Schedule 3 Schedule 4 Schedule 5 Schedule 10 Schedule 11 Schedule 12 Schedule 13 Schedule 14 Schedule 17 Schedule 18 Schedule 19 Schedule 20 Schedule 24 Schedule 25 Schedule 26 3528 OF 1 new OE 4(1A) YA 1 YA 2 YA 3 YA 4 YA 5 YA 6 schedule 1, schedule 14, schedule 2 part B schedule 19 schedule 13 Income Tax (Withholding Payments) Regulations 1979, schedule GC 16, schedule 2 part A schedule 10 schedule 11B schedule 11 schedule 16 schedule 17 schedule 8 schedule 9 schedule 6B schedule 7 schedule 3 schedule 4 schedule 5 Reprinted as at 29 May
 2012 Income Tax Act 2007 Schedule 52 Part B—continued Provision Income Tax Act 2007 Schedule 27 Schedule 31 Schedule 32 Schedule 36 Schedule 37 Schedule 48 Schedule 49 Schedule 50 Schedule 51 Schedule 52 Corresponding provision in Income Tax Act 2004 (unless otherwise stated) schedule 6 schedule 12 KC 5(1)(ae)–(cp) schedule 18 schedule 15 schedule 20 schedule 21 schedule 22 schedule 22A schedule 23 Schedule 52 Part B: amended, on 1 April 2008, by section 593(14) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part B: amended, on 1 April 2008, by section 593(15) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part B: amended, on 1 April 2008, by section 593(16) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part B: amended, on 1 April 2008, by section 593(17) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part B: amended, on 1 April 2008, by section 593(18) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part B: amended, on 1 April 2008, by section 593(19) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part B: amended, on 1 April 2008, by section 593(20) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part B: amended, on 1 April 2008, by section 593(21)(a) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part B: amended, on 1 April 2008, by section 593(21)(b) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part B: amended, on 1 April 2008, by section 593(22) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part B: amended, on 1 April 2008, by section 593(23) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part B: amended, on 1 April 2008, by section 593(24) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).

Schedule 52 Part B: amended, on 1 April 2008, by section 593(25) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Schedule 52 Part B: amended, on 1 April 2008, by section 593(26) of the Taxation (Inter- national Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
3529 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part C New TAA provisions New section in TAA 1994 TAA 15C TAA 15D TAA 15E TAA 15F TAA 15G TAA 15H TAA 15I TAA 15J TAA 15K TAA 15L TAA 15M TAA 15N TAA 15O TAA 15P TAA 15Q TAA 15R TAA 15S TAA 15T TAA 24B TAA 24C TAA 24D TAA 24E TAA 24F TAA 24G TAA 24H TAA 24I TAA 24J TAA 24K TAA 24L TAA 24M 3530 From section in ITA 2004 (unless otherwise stated) NBA 1, NBB 3 NBA 2(1)(a)–(c), (2), (3) NBA 2(4) NBA 2(1)(c) NBB 2 NBB 4(1) NBB 4(2)–(5) NBA 3, NBA 8, NBB 7(1), (2) NBA 5(3) NBA 5(4) NBB 3(2), NBB 5(1), (3) MBA 3(1) MBA 4(5), (6) MBA 4(1), (2), (4) MBA 3(1)(d) MBA 3 MBA 8 NF 2AA NC 8(1), (1AA) NC 8(1) proviso NC 8(9A) NC 8(12) NC 14 NC 12A NC 8(7), NC 9 NC 8(2)–(4), (11), NC 8A NC 15(1), (2), (2B) NF 8(2)–(4), NF 8A(2)–(3) NC 7(1) Income Tax (Withholding Payments) Regulations 1979, reg 5 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 New section in TAA 1994 TAA 24N TAA 24O TAA 24P TAA 32E TAA 32F TAA 32G TAA 32H TAA 32I TAA 32J TAA 32K TAA 32L TAA 32M(1) TAA 32M(2) TAA 32M(3)–(5) TAA 32N TAA 46B TAA 46C TAA 46D TAA 46E TAA 71B TAA 78B TAA 78C TAA 78D TAA 78E TAA 78F TAA 80KA TAA 80KB TAA 80KC TAA 80KD Part C—continued From section in ITA 2004 (unless otherwise stated) Income Tax (Withholding Payments) Regulations 1979, reg 6A Income Tax (Withholding Payments) Regulations 1979, reg 12A NC 7(3), NC 8(10), NC 15(3) NF 9(1)–(3) NF 9(8), (10) NF 9(6), (7), (9)–(11) NF 9(4), (5) NF 9(12)–(14) NF 10(1)(a), (d), (3) NF 11(1) NF 11(2)–(9) NG 5 NG 6 NG 7 NH 2(4), NH 3(6) ND 2(3), ND 9, ND 10(2)–(5), ND 11, ND 12 ND 13(5), (6), ND 14(5), (6) ND 15(7), (8) ND 1(6) NH 4(5)(b), (c) LC 13(1) LC 13(2) LB 2(4), LD 3(4), LD 3A(5), LD 8(3), LD 9(4) LF 6(4) LF 6(6) KD 5(1B)–(1C) KD 5(2)–(2AB) KD 5(3), (3A) KD 5(4), (5)(a) 3531 Schedule 52 Income Tax Act 2007 Reprinted as at 29 May 2012 Part C—continued From section in ITA 2004 (unless otherwise stated) KD 5(11) KD 5(2A), (5)(b), (7) KD 5(9) KD 5(10), (12) KD 7(1) KD 7(3) KD 7(2B), (2C) KD 7(4) KD 7(2), (2A) KD 6(1)
 KD 6(1A) KD 6(1B) KD 6(1C) KD 6(1D) KD 6(2), (3) KD 6(4) KD 7(3A), (3B), (3C) KD 4(5) KD 7A GC 22(3), (7), (8) GC 27A(4), (7)–(9) HG 8 HH 7 LC 4(1C) ME 20, ME 40, MF 6, MG 12, MI 12, MJ 8, MK 9 MBA 5(5), (6) MBA 9 NG 16(5) HK 18 New section in TAA 1994 TAA 80KE TAA 80KF TAA 80KG TAA 80KH TAA 80KI TAA 80KJ TAA 80KK TAA 80KL TAA 80KM TAA 80KN TAA 80KO TAA 80KP TAA 80KQ TAA 80KR TAA 80KS TAA 80KT TAA 80KU TAA 80KV TAA 80KW TAA 90AF TAA 90AG TAA 92AB TAA 93B TAA 93C TAA 104B TAA 120OE(1)–(3) TAA 120OE(4)–(5) TAA 165B TAA 166B 3532 Reprinted as at 29 May 2012 Income Tax Act 2007 Schedule 52 Part C—continued New section in TAA 1994 TAA 225AA TAA 225B From section in ITA 2004 (unless otherwise stated) OC 4 LC 1A(1), (2) 3533 Income Tax Act 2007 Reprinted as at 29 May 2012 Taxation (Limited Partnerships) Act 2008 Public Act Date of assent Commencement 2008 No 2 13 March 2008 see section 2 Title This Act is the Taxation (Limited Partnerships) Act 2008.
Commencement This Act comes into force on 1 April 2008.

Part 1 Amendments to Income Tax Act 2007 New section CB 27B Amendment incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

New heading and section CB 35 added Amendments incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

Meaning of asset for sections CU 3 to CU 10 Amendment incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.
1 2 4 (1) (2) 5 (1) (2) 6 (1) (2) 3534 Reprinted as at 29 May 2012 Income Tax Act 2007 7 (1) (2) 8 (1) (2) 9 (1) (2) 10 (1) (2) 11 (1) (2) Amount treated as repayment for purposes of section CU 17: net income Amendment incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.
New heading and section CW 55B added Amendments incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

New heading and section CX 62 added Amendments incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

New heading and section DV 20 added Amendments incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.
New section DO 11B inserted Amendment incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

12 Meaning of asset for sections DU 1 to DU 7 Amendment incorporated in the principal Act.
(1) 3535 Income Tax Act 2007 Reprinted as at 29 May 2012 For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

Financial arrangements, income, and expenditure relevant to criteria Amendment incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

Section EX 13 repealed Amendment incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.
Cash basis holder Amendment incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

Attribution rule: calculation Amendment incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

New heading and section GB 50 added Amendments incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, (2) 13 (1) (2) 14 (1) (2) 15 (1) (2) 16 (1) (2) 17 (1) (2) 3536 Reprinted as at 29 May 2012 Income Tax Act 2007 18 (1) (2) 19 (1) (2) 20 (1) (2) 21 (1) (2) subsection (1) applies for income years starting on and after 1 April 2008.

Section HD 20 replaced Amendments incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

New subpart HG Amendments incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.
Section HR 1 repealed Amendment incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

New sections HZ 3 and HZ 4 Amendments incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

22 When unincorporated bodies hold certiﬁcates (1) (2) Amendment incorporated in the principal Act.

For a person who is not a limited partner in a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.
3537 Income Tax Act 2007 Reprinted as at 29 May 2012 Deﬁnitions 23 This section amends section YA 1.

(1) Amendment incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Amendment incorporated in the principal Act.

(5) Amendment incorporated in the principal Act.

(6) Amendment incorporated in the principal Act.

(7) Amendments incorporated in the principal Act.

(8) (9) Amendment incorporated in the principal Act.
(10) Amendment incorporated in the principal Act.

(11) Amendments incorporated in the principal Act.

(12) Amendment incorporated in the principal Act.

(13) Amendments incorporated in the principal Act.

(14) Amendment incorporated in the principal Act.

(15) For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsections (2) to (14) apply for income years starting on and after 1 April 2008.
Partnerships: partnership and partner Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsections (1) and (2) apply for income years starting on and after 1 April 2008.

Partnerships: partnership and associate of partner Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsections (1) and (2) apply for income years starting on and after 1 April 2008.

24 (1) (2) (3) 25 (1) (2) (3) 3538 Reprinted as at 29 May 2012 Income Tax Act 2007 26 (1) (2) (3) Classes of income treated as having New Zealand source Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsections (1) and (2) apply for income years starting on and after 1 April 2008.
3539 Income Tax Act 2007 Reprinted as at 29 May 2012 Taxation (Personal Tax Cuts, Annual Rates, and Remedial Matters) Act 2008 Public Act Date of assent Commencement 2008 No 36 29 May 2008 see section 2 Title This Act is the Taxation (Personal Tax Cuts, Annual Rates, and Remedial Matters) Act 2008.

Commencement This Act comes into force on the date on which it receives the Royal assent, except as provided in this section.
In Part 1, other than sections 3, 4, 9 and 11,— (a) the subsections (1) of the sections are treated as coming into force on 1 April 2008: the subsections (2) of the sections come into force on 1 April 2009: the subsections (3) of the sections come into force on 1 April 2010: the subsections (4) of the sections come into force on 1 April 2011.
(b) (c) (d) subsection (1) comes into force on 1 July 2008: subsection (2) comes into force on 1 April 2009: subsection (3) comes into force on 1 April 2010: subsection (4) comes into force on 1 April 2011.

In Part 1, 11,— (a) (b) (c) (d) In Part 2, other than sections 12 and 17,— (a) the subsections (1) of the sections come into force on 1 October 2008: the subsections (2) of the sections come into force on 1 April 2010: the subsections (3) of the sections come into force on 1 April 2011.
(b) (c) 1 2 (1) (2) (3) (4) (5) In Part 3,–– 3540 Reprinted as at 29 May 2012 Income Tax Act 2007 (a) (b) (c) (d) (e) Sections 59 and 60 are treated as coming into force on 19 December 2007: Sections 24, 25, 26(1), 27, 28, 29, 30, 32, 33, 34, 35, 36, 37, 38, 43, 44, 45, 46, 48(2) and (3)(a), 49, 50, 56, and 58are treated as coming into force on 1 April 2008: Sections 20, 21, 22, 23, 31, 48(4) and (5), 55, and 57 come into force on 1 July 2008: Sections 39, 40, 41, 42, 47, 51, and 52 come into force on 1 October 2008: Section 26(2) comes into force on 1 April 2009.
Part 1 Personal tax cuts and Working for Families tax credit increase: 2008–09 start 3 Application In this Part, other than sections 4 and 9,— (a) the subsections (1) of the sections apply for the 2008–09 income year and later income years: the subsections (2) of the sections apply for the 2009–10 income year and later income years: the subsections (3) of the sections apply for the 2010–11 income year and later income years: the subsections (4) of the sections apply for the 2011–12 income year and later income years.
(b) (c) (d) Part 3 Annual rates, consequential personal tax cuts amendments, and remedial matters Amendments to Income Tax Act 2007 24 (1) (2) Heading and section LC 1 repealed Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 income year and later income years.

25 (1) Section LC 2 repealed Amendment incorporated in the principal Act.

3541 Income Tax Act 2007 Reprinted as at 29 May 2012 Subsection (1) applies for the 2008–09 income year and later income years.
Child’s income Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 income year and later income years.

Subsection (2) applies for the 2009–10 income year and later income years.

Tax credits for absentees Amendment incorporated in the principal Act.

Subsection (1) applies for the 2008–09 income year and later income years.

Adjustment for change in return date Amendment incorporated in the principal Act.
Subsection (1) applies for the 2008–09 income year and later income years.

Adjustment when person is non-resident for part of tax year Amendment incorporated in the principal Act.

Subsection (1) applies for the 2008–09 income year and later income years.

Adjustment when person is non-resident Amendment incorporated in the principal Act.

Amendment incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 income year and later income years.
Tax credits for supplementary dividends Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 income year and later income years.

(2) 26 (1) (2) (3) (4) 27 (1) (2) 28 (1) (2) 29 (1) (2) 30 (1) (2) (3) 32 (1) (2) 3542 Reprinted as at 29 May 2012 Income Tax Act 2007 33 (1) (2) New sections MF 4B and MF 4C Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 income year.
34 Meaning of net family scheme income (1) (2) Amendment incorporated in the principal Act.

Subsection (1) applies for the 2008–09 income year and later income years.

36 (1) (2) 37 (1) (2) (3) 38 (1) (2) 43 (1) (2) (3) 44 (1) (2) (3) Calculation of maximum permitted ratios Amendment incorporated in the principal Act.

Subsection (1) applies for the 2008–09 income year and later income years.

Tax credits for non-resident investors Amendment incorporated in the principal Act.


Subsections (1) and (2) apply for the 2008–09 income year and later income years.

Payment dates for terminal tax Amendment incorporated in the principal Act.

Subsection (1) applies for the 2008–09 income year and later income years.

Calculation of all-inclusive pay Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 income year and later income years.
Resident passive income Amendment incorporated in the principal Act.

Amendment incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 income year and later income years.

3543 Income Tax Act 2007 Reprinted as at 29 May 2012 47 (1) (2) 48 (1) (2) (3) (4) (5) (6) 49 (1) (2) New sections RZ 5B and RZ 5C Amendments incorporated in the principal Act.

Subsection (1) applies for provisional tax instalments payable on or after 1 October 2008.
Deﬁnitions This section amends section YA 1.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (2) and (3)(a) apply for the 2008–09 income year and later income years.

Treatment of qualifying company election tax, FBT, FDP penalty tax, imputation penalty tax, and withdrawal tax Amendment incorporated in the principal Act.
Subsection (1) applies for the 2008–09 income year and later income years.
3544 Reprinted as at 29 May 2012 Income Tax Act 2007 Income Tax (Minimum Family Tax Credit) Order 2008 (SR 2008/384) Anand Satyanand, Governor-General Order in Council At Wellington this 6th day of October 2008 Present: His Excellency the Governor-General in Council Pursuant to section MF 7(1)(d) of the Income Tax Act 2007, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following order.
1 2 3 (1) (2) Order Title This order is the Income Tax (Minimum Family Tax Credit) Order 2008.

Commencement This order comes into force on 1 April 2009.

Increase of prescribed amount in formula for minimum family tax credit Amendment incorporated in the principal Act.

Subclause (1) applies in respect of the 2009–10 tax year and later tax years.

Rebecca Kitteridge, Clerk of the Executive Council.

3545 Income Tax Act 2007 Reprinted as at 29 May 2012 Date of notiﬁcation in Gazette: 9 October 2008.
3546 Reprinted as at 29 May 2012 Income Tax Act 2007 Taxation (Urgent Measures and Annual Rates) Act 2008 Public Act Date of assent Commencement 2008 No 105 15 December 2008 see section 2 1 2 (1) (2) (3) (4) Title This Act is the Taxation (Urgent Measures and Annual Rates) Act 2008.

Commencement This Act comes into force on the date on which it receives the Royal assent, except as provided in this section.
In Part 1, other than sections 3, 4, and 15,— (a) the subsections (1) of the sections come into force on 1 April 2009: the subsections (2) of the sections come into force on 1 April 2010: the subsections (3) of the sections come into force on 1 April 2011.
(b) (c) In Part 2,–– (a) sections 24, 27, and 28 are treated as coming into force on 19 December 2007: section 19(1)(a) and (b) is treated as coming into force on 1 April 2008: sections 19(1)(c), 21, 25, and 26 come into force on 1 April 2009: sections 19(1)(d), 20(2) to (7), and 22 come into force on 1 October 2009. sections 33(1) and 40 are treated as coming into force on 1 April 2008: section 41 is treated as coming into force on 29 May 2008: sections 34 and 35 are treated as coming into force on 1 October 2008: (b) (c) (d) (b) (c) In Part 3,–– (a) 3547 Income Tax Act 2007 Reprinted as at 29 May 2012 (d) sections 29, 31, 33(2), 36(2), 37, and 39 come into force on 1 April 2009: section 32 comes into force on 1 April 2010.
(e) In Part 4, sections 43, 44, 45, 46, 48, 50, 52, 53, 54, 55, 56(2) and (3), 57, and 58 come into force on 1 April 2009.

Part 2 Research and development tax credits repeal Amendments to Income Tax Act 2007 Subpart LH—Tax credits for expenditure on research and development Amendments incorporated in the principal Act.

Subsection (1)(a) and (b) applies for the 2008–09 income year and later income years.

Subsection (1)(c) applies for the 2009–10 income year and later income years.
Some deﬁnitions Amendment incorporated in the principal Act.

Subsection (1) applies for the 2009–10 income year and later income years.

Part 3 Annual rates, independent earner tax credit, and consequential personal tax cuts amendments Annual rates of income tax for 2009–10 tax year Rates of income tax for 2009–10 tax year Income tax imposed by section BB 1 of the Income Tax Act 2007 must, for the 2009–10 tax year, be paid at the basic rates speciﬁed in schedule 1 of that Act.
Section 61 of the Taxation (Personal Tax Cuts, Annual Rates, and Remedial Matters) Act 2008 is repealed.

(5) 19 (1) (2) (3) 21 (1) (2) 29 (1) (2) 3548 Reprinted as at 29 May 2012 Income Tax Act 2007 Taxation (Business Tax Measures) Act 2009 Public Act Date of assent Commencement 2009 No 5 30 March 2009 see section 2 Title This Act is the Taxation (Business Tax Measures) Act 2009.

Commencement This Act comes into force on the date on which it receives the Royal assent, except as provided in this section.
In Part 1, the sections, other than sections 3 and 24, come into force on 1 April 2009.

In Part 2,–– (a) section 32 is treated as coming into force on 19 Decem- ber 2007: sections 29(1), 30(1), and 31(1) come into force on 1 April 2009: sections 29(2), 30(2), and 31(2) come into force on 1 April 2010.

(b) (c) Part 1 Business tax measures Amendments to Income Tax Act 2007 New heading and new section DB 62 Amendment incorporated in the principal Act.
Subsection (1) applies for the 2009–10 income year and later income years.

Valuing closing stock under $5,000 Amendment incorporated in the principal Act.

Amendment incorporated in the principal Act.

Subsections (1) and (2) apply for the 2009–10 income year and later income years.

3549 1 2 (1) (2) (3) 4 (1) (2) 5 (1) (2) (3) Income Tax Act 2007 Reprinted as at 29 May 2012 When use of spreading method not required Amendment incorporated in the principal Act.
Subsection (1) applies for the 2009–10 income year and later income years.

Straight-line method Amendment incorporated in the principal Act.

Subsection (1) applies for the 2009–10 income year and later income years.

Consistency of use of straight-line method and market valuation method Amendment incorporated in the principal Act.

Amendment incorporated in the principal Act.

Subsections (1) and (2) apply for the 2009–10 income year and later income years.
Section EW 54 replaced Amendment incorporated in the principal Act.

Subsection (1) applies for the 2009–10 income year and later income years.

Section EW 56 repealed Amendment incorporated in the principal Act.

Subsection (1) applies for the 2009–10 income year and later income years.

Thresholds Amendment incorporated in the principal Act.

Amendment incorporated in the principal Act.

Amendment incorporated in the principal Act.

Amendment incorporated in the principal Act.


Subsections (1) to (3) apply for the 2009–10 income year and later income years.

6 (1) (2) 7 (1) (2) 8 (1) (2) (3) 9 (1) (2) 10 (1) (2) 11 (1) (2) (3) (4) (5) 3550 Reprinted as at 29 May 2012 Income Tax Act 2007 12 (1) (2) (3) (4) (5) 13 (1) (2) 14 (1) (2) (3) 29 (1) (2) (3) (4) 30 (1) (2) Financial arrangements, income, and expenditure relevant to criteria Amendment incorporated in the principal Act.

Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (4) apply for the 2009–10 income year and later income years.

Section EW 59 replaced Amendment incorporated in the principal Act.

Subsection (1) applies for the 2009–10 income year and later income years.

Trustee of deceased’s estate Amendment incorporated in the principal Act.

Amendment incorporated in the principal Act.


Subsections (1) and (2) apply for the 2009–10 income year and later income years.

Part 2 Minor remedial matters Amendments to Income Tax Act 2007 Employer’s liability for attributed beneﬁts Amendment incorporated in the principal Act.

In section RD 50(5), “61.29%” is replaced by “58.73%”.

Subsection (1) applies for the 2009–10 income year and later income years.

Subsection (2) applies for the 2010–11 income year and later income years.
Calculation for certain employees when information lacking Amendment incorporated in the principal Act.

In section RD 52(3)(b), “61.29%” is replaced by “58.73%”.

3551 Income Tax Act 2007 Reprinted as at 29 May 2012 (3) (4) 31 (1) (2) (3) (4) Subsection (1) applies for the 2009–10 income year and later income years.

Subsection (2) applies for the 2010–11 income year and later income years.

Pooling non-attributed beneﬁts Amendment incorporated in the principal Act.
In section RD 53(4)(a), “61%” is replaced by “59%”.

Subsection (1) applies for the 2009–10 income year and later income years.

Subsection (2) applies for the 2010–11 income year and later income years.
3552 Reprinted as at 29 May 2012 Income Tax Act 2007 Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 Public Act Date of assent Commencement 2009 No 34 6 October 2009 see section 2 1 2 (1) (2) (3) (4) (5) (6) (7) (8) Title This Act is the Taxation (International Taxation, Life Insur- ance, and Remedial Matters) Act 2009.

Commencement This Act comes into force on the day on which it receives the Royal assent, except as provided in this section.
Sections 74, 108, 319, 320, 322, 323, 502, 510, 546, 549, 557(26), (45), (53), (132), (145), and (147), 605(1), and (3), 606, 610, 682, 862, and 863 are treated as coming into force 3 months after this Act receives the Royal assent.

Section 704(5) is treated as coming into force— (a) in relation to the Parliamentary Service, on 1 October 1986: in relation to the Ofﬁce of the Clerk of the House of Representatives, on 1 August 1988.

(b) Section 855 is treated as coming into force on 1 April 1993.
Section 850 is treated as coming into force on 1 April 1995.

Sections 851 and 860 are treated as coming into force on 1 April 1997.

Sections 847, 848, 849, 852, 853, 854, and 856 are treated as coming into force on 1 October 2001.
Sections 628(1), 646(1) and (4), 647(1), (3), and (6), 712, 735, 736, 738, 741, 742, 743, 746, 747, 748, 749, 750, 751, 754, 759, 760, 761, 764(2), 767, 769, 770, 771, 772, 773, 789(2) and (4), 832, 844(2), (9), (15), (23), (25), (31), and (33), 845, 858(1) and (3), and 864 are treated as coming into force on 1 April 2005.

3553 Income Tax Act 2007 Reprinted as at 29 May 2012 (9) Section 647(2) is treated as coming into force on 1 October 2005.
(10) Sections 744, 768, and 844(3), (13), (14), (22), and (32) are treated as coming into force on 1 April 2006.

(11) Sections 646(2) and 647(4) are treated as coming into force on 3 April 2006.

(12) Sections 706, 739, 779, 780, 781, 782, 783, 784, 785, 786, 787, 788, 789(1) and (3), 793, 794, 795, 796, 797, 798, 799, 800, 801, 802, 819(2), 841, and 844(8), (11), (18), (21), and (35) are treated as coming into force on 1 April 2007.

(13) Section 684 is treated as coming into force on 17 May 2007.
(14) Sections 720, 731, 733(2) and (4), and 844(6) and (17) are treated as coming into force on 1 July 2007.

(15) Sections 612, 625, 675, 677, 756, 808, 809, 811, 812, 813, 814, 815, 816, 817, 818, 819(1), 820, 821, 822, 823, 824, 825, 826, 827, 828, 829, 833, 834, 835, 836, 837, 838, 839, 840, 842, 843, and 844(26) are treated as coming into force on 1 October 2007.

(16) Section 764(1) and (3) is treated as coming into force on 1 December 2007.
(17) Sections 638(2), 757, 830, and 831 are treated as coming into force on 19 December 2007.

(18) Section 758 is treated as coming into force on 1 January 2008.

(19) Section 737, 740, 755, 762, 790, 791, 792, 803, 804, 805, 806, 807, 810, and 844(4), (5), (7), (10), (12), (16), and (27) to (30) are treated as coming into force on 25 February 2008.

(20) Section 763 is treated as coming into force on 4 March 2008.
(21) Sections 5(1), (2), (4), (5), and (7), 11, 12, 15(1)(b), 16, 18, 19(1), (2), (3) and (5), 20(3), 24, 25, 26, 32, 34, 35, 36, 37, 38, 41(1) and (2), 42, 43, 44, 45, 47, 48, 52, 53, 54, 56(1) and (4), 60, 62, 68, 72, 73(3), 76, 81, 82, 83, 84, 85, 93, 96(1) and (3), 97, 98(1), (3), and (4), 99, 100, 101, 102(1), (3), (5), and (7), 103(1), (3), and (5), 104(1) and (3), 105(1), (3), and (5), 106(1), (3), and (5), 107, 109, 111, 117, 118, 119, 120, 121, 127, 128, 129, 130, 131, 133, 134, 135, 136(1) and (3), 137(1), (2), (3), and (5), 138, 140, 141, 142, 143, 144, 145, 146, 147, 150, 151, 152(1), 161(7) and (15), 166, 167, 168, 169, 170, 171, 172, 173(1) to (3), (5) to (7), and (11), 174, 3554 Reprinted as at 29 May 2012 Income Tax Act 2007 176(1), 177(1), (2) to (4), and (6) to (10), 178(1) to (5), and (7) to (11), 179, 180(1), 181(1), (2), and (5), 182, 183, 188, 196, 197, 198, 201, 202(1) and (3), 203, 204, 205(1), (4), and (5), 209(2), (3), and (5), 211(3) and (6), 215(1) and (3), 218(1), (4), (5), (7), and (9), 227, 230(4), 232, 233, 234, 235, 236, 238(1) and (4), 239(1), 241, 242(1), 251, 253, 254, 255, 256, 257, 258, 261, 262(1), 263, 264(2) and (4), 265, 266, 268, 269, 270, 271, 272, 273, 274, 275, 277, 280, 281, 282(1), (3), (4), and (5), 283, 284(1), (2), (4), and (6), 285, 286, 287, 288, 289, 290, 291, 293, 294, 296(2), (3), and (8), 297(2) and (5), 298(1) and (4), 299, 300, 302(2) and (4), 304, 306, 308(1), 309, 311, 312, 314, 317, 318, 321, 324(1), (2), (4), and (6), 329, 330, 331, 332, 333, 334, 335, 336(1), (3), (5), and (6), 337, 338, 339, 340(1), (3), (4), and (7), 341, 344, 345, 349, 350, 352, 353, 354, 355, 356, 357, 358, 359, 360(1) and (3), 361, 362, 363, 364, 365, 366, 367, 368, 369, 370, 371, 376, 378(1), (2), (4), (5), and (7), 379, 381(2) and (4), 383, 387, 388(2) and (5), 389(2) and (3), 390, 391, 393, 394, 397, 398, 399(1), (4), and (8), 400(2) and (6), 409, 420(1) and (3), 421(1) and (3), 422, 427, 431(1) and (3), 440, 441, 442, 443, 444, 446, 447(2) and (5), 452(3) and (6), 453, 455,
 457, 460(2), (4), and (7), 466, 470, 486, 489, 490(2), (3) and (5), 491(1), (3), and (5), 492(1) and (5), 493, 494, 495, 496, 497, 500, 503(2), (3), and (4), 504, 505, 506, 507, 509, 511, 512, 513, 514(1) to (4), (7), and (9) to (11), 515, 516, 517(1) and (3) to (5), 518(1) and (3) to (5), 519(1) to (6) and (8) to (13), 520, 521, 522, 523, 524, 525, 526, 529, 530, 531(1), (2), and (4) to (7), 532, 533, 534, 536, 537, 538, 539, 541, 542, 543, 544, 545, 547, 548, 554, 555, 556, 557(5), (7), (10), (25), (28), (29), (36), (37), (39), (42), (49), (50), (51), (52), (54), (55), (57), (58), (59), (62), (63), (64), (68), (69), (76), (84), (85), (88), (93), (95), (98), (99), (109), (114), (118), (119), (130), (134), (137), (138), (139), (140), (141), (142), (143), (144), (146), (149), (156), (157), (164), (170), (171), (175), (176), (184), (187), (191), (193), (195), (197), (198), (199), (200), (202), (204), (210), (214), (217), (219), (222), (224), (225), and (228), 559, 560, 561, 562, 564, 567, 568, 569, 570, 571(1) and (3), 572, 573, 574, 575, 576, 579(3) to (8), 580, 581, 582, 583, 585, 590, 591, 592, 593, 596(3), (4), (7), and (8), 597(4), 598(1) and (3), 599(1), 3555 Income Tax Act 2007 Reprinted as at 29 May 2012 609, 614, 615, 616(2), 619(2), (3), (6), and (7), 620, 624, 627, 628(2) to (4), 630(1), 631, 632, 633, 636, 637, 640, 642, 643, 644, 646(3) and (5), 647(5) and (7), 648, 649, 650, 651(1) and (3), 654, 659, 660, 661, 664, 665, 669, 671, 672, 673, 680, 683, 690, 691, 693, 701, 702, 715(1) to (3), 717, 719, 724, 725, 726, 727, 729, 730, 733(3) and (5), 765, 766, 774, 775, 776, 777, 778, 844(19), (20), (24), and (34), 858(2) and (4), 859, and 865 are treated as coming into force on 1 April 2008.
(22) Sections 88, 315, 316, 360(2), 503(1), 557(148), 732, 867, and 868 are treated as coming into force on 1 July 2008.

(23) Sections 40, 58, 61, 243, 244, 745, 752, and 753 are treated as coming into force on 26 September 2008.

(24) Section 137(4) and (6) are treated as coming into force on 1 October 2008.
(25) Sections 10, 80, 112(2) and (3), 115, 116, 132(2) and (4), 173(8), (13), and (15), 557(32), (48), (60), (82), (105), (127), (131), (159), (160), (181), (186), and (206), and 704(2) and (4) are treated as coming into force on 1 January 2009.
(26) Sections 9, 27, 50, 64, 92, 114, 136(2), (4), (5), and (6), 139, 173(9), 176(2) and (3), 181(4) and (8), 184, 276, 278, 279, 282(2), 284(3), (5), (7), and (8), 301, 347(1), 399(2) and (6), 445(1) and (4), 462, 463, 464, 465, 492(2), 508, 514(5), (6), and (8), 517(2), 518(2), 519(7), 550, 557(92), (158), (165), (166), (188), and (209), 571(2), (4), and (5), 587, 607, 608, 619(1), (4), and (5), 623, 715(4), and 721 are treated as coming into force on 1 April 2009.
(27) Sections 5(3), (6), and (8), 6, 14, 17(2), (3) and (5), 20(1), (2), and (4), 22, 23, 29, 30, 39, 41(3) and (6), 69, 70, 71, 79, 90, 91, 110, 152(2) and (3), 153, 154, 155, 156, 160, 161(1) to (6), (9) to (14), (16), and (17), 162, 163, 164, 165, 175, 180(2) to (4), 195, 202(2) and (4), 206, 207, 208, 209(1) and (4), 210, 211(1), (2), (4), (5), and (7), 212, 213, 214, 215(2), (4), and (5), 216, 217, 218(3) and (10), 219, 220, 221, 222, 223, 224, 225, 226, 228, 229, 230(1) to (3), and (5) to (7), 231, 237, 238(2), (3), and (5), 240, 246, 247, 248, 249, 250, 252, 259, 260, 302(1) and (3), 303, 305, 340(2), (5), and (6), 342, 343, 346, 377, 385, 395, 399(3) and (7), 400(3) and (7), 401(2) and (5), 403, 404, 405, 406, 407, 408, 412, 413, 414, 415, 416, 3556 Reprinted as at 29 May 2012 Income Tax Act 2007 417, 419, 421(2) and (4), 423, 424, 425, 426, 428, 429, 430, 431(2) and (4), 432, 433, 434, 435, 436, 437, 448, 456, 459(1) and (3), 460(3) and (8), 461(1) and (3), 468, 469(1) and (3), 471, 472, 473, 474, 475, 476, 477, 478, 479, 480, 481, 482, 485, 488, 490(1) and (4), 491(2), (4) and (6), 492(3), (4), and (6), 527, 528, 540, 557(8), (9), (11), (14), (16), (22), (23), (30), (34), (38), (40), (41), (43), (61), (70), (71), (74), (75), (77), (78), (79), (80), (89), (94), (96), (104), (117), (123), (128), (129), (182), (183), (185), (203), (208), (211), (212), (213), (215), (216), and (229), 558, 577(2), 584, 586, 596(5) and (9), 597(1) to (3), (5) and (6), 605(2) and (4), 617, 634, 635, 651(2) and (5), 652, 655, 656, 657, 658, 666, 668, 674, 676, 678, 686, 687, 688, 695, 697, and 700 are treated as coming into force on 30 June 2009.
(28) Sections 46, 56(2), (3), and (5), 59, 86, 87, and 89 come into force on 1 October 2009.

(29) Sections 95, 123, 124, 125, 126, 557(108), and (110) come into force on 1 January 2010.
(30) Sections 4, 7, 8, 13, 15(1)(a) and (2), 17(1) and (4), 19(4), (6), and (7), 21, 28, 41(4), (5), and (7), 51, 63, 65, 66, 67, 73(1), (2), and (4), 75, 77, 78, 96(2), (4), and (5), 98(2), (5), and (6), 102(2), (4), (6), and (8), 103(2), (4), and (6), 104(2) and (4), 105(2), (4), and (6), 106(2), (4), and (6), 112(1), 113, 122, 149, 157, 158, 159, 161(8) and (18), 173(4), (10), (12), and (14), 177(5), (11), and (12), 178(6), (12), and (13), 181(3), (6), and (7), 191, 192, 218(2), (6), (8), and (11), 239(2) and (3), 242(2) to (4), 245, 262(2) and (3), 264(1) and (3), 267, 292, 295, 296(4), (6), and (9), 298(2), (3), and (5), 308(2) and (3), 313, 324(3), (5), and (7), 328, 336(2), (4), and (7), 347(2), 348, 351, 378(3), (6), and (8), 384, 401(1), (3), and (4), 438, 498, 531(3) and (8), 535, 557(2), (3), (4), (13), (15), (17), (18), (19), (21), (24), (31), (44), (66), (73), (81), (83), (91), (97), (100), (101), (102), (103), (106), (107), (111), (115), (116), (121), (126), (133), (136), (150), (154), (155), (167), (177), (179), (180), (192), (196), (220), (221), (223), and (227), 563, 565, 566, 579(1) and (2), 588, 594, 599(2), 611, 613, 618, 621, 622, 626, 628(5) and (6), 645, 651(4) and (6), 679, 681, 710(3), 713, and 861 come into force on 1 April 2010.
(31) Sections 200 and 487 come into force on 30 June 2010.
3557 Income Tax Act 2007 Reprinted as at 29 May 2012 (32) Sections 33, 49, 55, 94, 132(1), (3), (5), and (6), 185, 186, 187, 189, 190, 193, 194, 199, 296(1), (5), and (7), 297(1), (3), and (4), 307, 310, 325, 326, 327, 372, 373, 374, 375, 380, 381(1), (3), and (5), 382, 386, 388(1), (3), and (4), 392, 396, 399(5) and (9), 400(1), (4), and (5), 402, 410, 411, 418, 420(2) and (4), 439, 445(2), (3), and (5), 447(1), (3), and (4), 449, 450, 451, 452(1), (2), (4), and (5), 454, 458, 459(2) and (4), 460(1), (5), and (6), 461(2) and (4), 467, 469(2) and (4), 483, 484, 557(6), (12), (20), (27), (33), (35), (46), (56), (65), (67), (72), (87), (90), (112), (113), (120), (122), (124), (151), (152), (153), (161), (162), (163), (168), (169), (172), (178), (189), (190), (194), (201), (205), (207), (218), and (226), 577(1) and (3), 629, and 663 come into force on 1 July 2010.
Part 1 Amendments to Income Tax Act 2007 Withholding liabilities Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

Subsection (3) applies for all income years beginning on or after 1 July 2009.
Other obligations Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

Section CB 27B repealed Amendments incorporated in the principal Act.

Subsection (1) applies for the 2009–10 and later income years.
5 (1) (2) (3) (4) (5) (6) (7) (8) 6 (1) (2) (3) 9 (1) (2) 3558 Reprinted as at 29 May 2012 Income Tax Act 2007 11 (1) (2) New section CC 8B inserted Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

12 What is a transfer of value?

(1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
14 (1) (2) 16 (1) (2) 17 (1) (2) (3) (4) (5) 20 (1) (2) (3) (4) Section CD 21 repealed Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

Treasury stock acquisitions Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

Property made available intra-group Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for the 2010–11 and later income years.

Subsection (2) applies for all income years beginning on or after 1 July 2009.

Available subscribed capital (ASC) amount Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
22 (1) Heading and sections CD 45 to CD 52 repealed Amendments incorporated in the principal Act.

3559 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) 23 (1) (2) (3) (4) 24 (1) (2) (3) (4) (5) 27 (1) (2) Subsection (1) applies for all income years beginning on or after 1 July 2009.

Prevention of double taxation of share cancellation dividends Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (2) apply for all income years beginning on or after 1 July 2009.

Amounts derived in connection with employment Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (3) apply for the 2008–09 and later income years.

New subpart CO inserted Amendments incorporated in the principal Act.
Subsection (1) applies for the 2009–10 and later income years.

29 When attributed CFC income arises (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (4) apply for all income years beginning on or after 1 July 2009.
30 When FIF income arises (1) (2) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

3560 Reprinted as at 29 May 2012 Income Tax Act 2007 (3) 33 (1) (2) 34 (1) (2) Subsection (1) applies for all income years beginning on or after 1 July 2009.

Sections CR 1 and CR 2 replaced Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

New section CR 4 added Amendments incorporated in the principal Act.
Subsection (1) applies— (a) for an insurer who uses IFRS 4,–– (i) (ii) (ii) for the 2009–10 and later income years, unless subparagraph (ii) applies: for the ﬁrst income year for which an insurer adopts IFRSs for the purposes of ﬁnancial report- ing and later income years, if that ﬁrst income year is before the 2009–10 income year and the person chooses to use IFRS 4 in a return of in- come for that ﬁrst year: on and after 1 July 2010, unless subparagraph (ii) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
(b) for a life insurer,–– (i) 35 Withdrawals (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

3561 Income Tax Act 2007 Reprinted as at 29 May 2012 Subsections (1) and (2) apply for the 2008–09 and later income years.

Exclusions of withdrawals of various kinds Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for the 2008–09 and later income years.

Exclusion of withdrawal on partial retirement Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

Exclusion of withdrawal when member ends employment Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for the 2008–09 and later income years.

Section CV 10 repealed Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009. Dividend derived by company from overseas Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (3) applies for all income years beginning on or after 1 July 2009.

Subsection (4) applies for the 2010–11 and later income years.

Expenditure on account, and reimbursement, of employees Amendments incorporated in the principal Act.
(4) 36 (1) (2) (3) 37 (1) (2) (3) 38 (1) (2) (3) 39 (1) (2) 41 (1) (2) (3) (4) (5) (6) (7) 44 (1) 3562 Reprinted as at 29 May 2012 Income Tax Act 2007 (2) (3) 46 (1) (2) 49 (1) (2) 50 (1) (2) 52 (1) (2) Amendments incorporated in the principal Act.
Subsection (1) does not apply in relation to a tax position taken by a person— (a) in the period from 1 April 2008 to the date on which this Act receives the Royal assent; and in relation to a deduction for an amount of depreciation loss; and relying on section CW 17 in the absence of the amend- ment made by subsection (1).

(b) (c) Section CW 37 repealed Amendments incorporated in the principal Act.
Subsection (1) applies for an amount derived by a company as a large budget screen production grant if— (a) the ﬁnal application for the large budget screen produc- tion grant is made on or after 1 October 2009; and the company does not incur before 1 July 2008 an amount of $3,000,000 or more in expenditure on the project to which the large budget screen production grant relates.

(b) New section CW 59C inserted Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

New section CW 62B inserted Amendments incorporated in the principal Act.

Subsection (1) applies for the 2009–10 and later income years.
Contributions to superannuation schemes Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

3563 Income Tax Act 2007 Reprinted as at 29 May 2012 (3) Subsection (1) applies for the 2008–09 and later income years.

Section CX 28 replaced Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

Section CX 39 repealed Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

Government grants to businesses Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for the 2008–09 and later income years.

Subsection (2) applies for an amount derived by a company as a large budget screen production grant if— (a) the ﬁnal application for the large budget screen produc- tion grant is made on or after 1 October 2009; and the company does not incur before 1 July 2008 an amount of $3,000,000 or more in expenditure on the project to which the large budget screen production grant relates.
(b) New heading and section CX 48D inserted Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

Section CX 55 replaced Amendments incorporated in the principal Act.
Subsection (1) applies— 54 (1) (2) 55 (1) (2) 56 (1) (2) (3) (4) (5) 60 (1) (2) 63 (1) (2) 3564 Reprinted as at 29 May 2012 Income Tax Act 2007 (a) (b) for a portfolio investment entity, including a life fund PIE, and the New Zealand Superannuation Fund, for the 2010–11 and later income years: for a life insurer, other than in relation to a life fund PIE,— (i) on and after 1 July 2010, unless subparagraph (ii) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
(ii) Section 63(2)(b)(i): amended (with effect on 7 October 2009), on 7 December 2009, by section 166 of the Taxation (Consequential Rate Alignment and Re- medial Matters) Act 2009 (2009 No 63).

68 (1) (2) (3) 69 (1) (2) 70 (1) (2) 71 (1) (2) Determining tax liabilities Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

Interest: not capital expenditure Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

Interest: most companies need no nexus with income Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

Interest: money borrowed to acquire shares in group companies Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
3565 76 (1) (2) 79 (1) (2) (3) 81 (1) (2) 82 (1) (2) (3) (4) 83 (1) (2) 87 (1) (2) (3) Income Tax Act 2007 Reprinted as at 29 May 2012 Portfolio investment entities: zero-rated portfolio investors and allocated losses Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

Expenditure incurred in deriving exempt dividend Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for all income years beginning on or after 1 July 2009.

New section DB 60B inserted Amendments incorporated in the principal Act.

Subsection (1) applies for deductions accrued on or after 1 January 2008.

Contributions to employees’ superannuation schemes Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (2) apply for the 2008–09 and later income years.

Criteria for approval of share purchase schemes: before period of restriction ends Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

Government grants to businesses Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for an amount derived by a company as a large budget screen production grant if— (a) the ﬁnal application for the large budget screen produc- tion grant is made on or after 1 October 2009; and the company does not incur before 1 July 2008 an amount of $3,000,000 or more in expenditure on the (b) 3566 Reprinted as at 29 May 2012 Income Tax Act 2007 project to which the large budget screen production grant relates.
90 When attributed CFC loss arises (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (2) and (3) apply for all income years beginning on or after 1 July 2009.

91 When FIF loss arises (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for all income years beginning on or after 1 July 2009.

92 (1) (2) 94 (1) (2) Section DO 11B repealed Amendments incorporated in the principal Act.

Subsection (1) applies for the 2009–10 and later income years.

Sections DR 1 to DR 3 replaced Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

97 (1) (2) New section DT 1A inserted Amendments incorporated in the principal Act.

Subsection (1) applies for expenditure incurred on or after 4 March 2008.
3567 Income Tax Act 2007 Reprinted as at 29 May 2012 99 (1) (2) Petroleum development expenditure Amendments incorporated in the principal Act.

Subsection (1) applies for expenditure incurred on or after 1 April 2008.

100 Disposal of petroleum mining asset to associate (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for expenditure incurred on or after 1 April 2008.
101 Amount written off by holding company (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (2) applies for the 2008–09 and later income years.

102 Transfer of expenditure to master fund (1) (2) (3) (4) (5) (6) (7) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (3) apply for the 2008–09 and 2009–10 income years.

Subsections (2) and (4) apply for the 2010–11 and later income years.

(8) 103 Carry forward of expenditure (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for the 2008–09 and 2009–10 income years.

Subsection (2) applies for the 2010–11 and later income years.

(6) 3568 (4) 105 (1) (2) (3) (4) (5) (6) Reprinted as at 29 May 2012 Income Tax Act 2007 104 New section DV 4B inserted and replaced (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for the 2008–09 and 2009–10 income years.

Subsection (2) applies for the 2010–11 and later income years.

Investment funds: transfer of expenditure to master funds Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and 2009–10 income years.
Subsection (2) applies for the 2010–11 and later income years.

106 Formula for calculating maximum deduction Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Subsection (1) applies for the 2008–09 and 2009–10 income (5) years.

Subsection (2) applies for the 2010–11 and later income years.
(6) 107 Carry forward of expenditure (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

109 New section DW 4 added (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies— (a) for an insurer who uses IFRS 4,–– (i) for the 2009–10 and later income years, unless subparagraph (ii) applies: 3569 Income Tax Act 2007 Reprinted as at 29 May 2012 (ii) for the ﬁrst income year for which an insurer adopts IFRSs for the purposes of ﬁnancial report- ing and later income years, if that ﬁrst income year is before the 2009–10 income year and the person chooses to use IFRS 4 in a return of in- come for that ﬁrst year: (b) for a life insurer,–– (i) (ii) on and after 1 July 2010, unless subparagraph (ii) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
110 Section DX 2 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

114 New heading and section EC 26B inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2009–10 and later income years.

117 Pool method: calculating amount of depreciation Amendments incorporated in the principal Act.

(1) Subsection (1) applies for the 2008–09 and later income years.
(2) 120 Meaning of adjusted tax value (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

121 Employer’s superannuation contribution tax Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Subsection (1) applies for the 2008–09 and later income years.

(3) 3570 Reprinted as at 29 May 2012 Income Tax Act 2007 127 Section EJ 12 replaced (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for expenditure incurred on or after 1 April 2008.

128 Relinquishing petroleum mining permit (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for expenditure incurred on or after 1 April 2008.

129 New sections EJ 13B and EJ 13C inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for expenditure incurred on or after 1 April 2008.
130 Disposal of petroleum mining asset (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for expenditure incurred on or after 1 April 2008.

131 Sections EJ 19 and EJ 20 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for expenditure incurred on or after 1 April 2008.

132 What is an excepted ﬁnancial arrangement?

Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.


(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Amendments incorporated in the principal Act.


(5) Subsections (1) and (3) apply— (6) (a) (b) on and after 1 July 2010, unless paragraph (b) applies; or for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for 3571 Income Tax Act 2007 Reprinted as at 29 May 2012 the tax year corresponding to the ﬁrst relevant income year.
135 (1) (2) (3) (4) (5) IFRS ﬁnancial reporting method Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (2) does not apply for a taxpayer and an income year if the taxpayer has,— (a) before 30 June 2009, ﬁled a return of income for the income year; and taken a tax position in the return which ignores subsec- tion (2).
(b) 136 Determination alternatives (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (2) and (4) apply for the 2009–10 and later income years.

137 Expected value method (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (4) applies for the 2009–10 and later income years.

139 Mandatory use of some determinations (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2009–10 and later income years.
3572 Reprinted as at 29 May 2012 Income Tax Act 2007 152 Associates and 10% threshold (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (2) applies for all income years beginning on or after 1 July 2009.

153 New section EX 18A inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
154 Formula for calculating attributed CFC income or loss (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

155 Taxable distribution from non-complying trust (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) to (3) apply for all income years beginning on or after 1 July 2009.

156 New heading and sections EX 20B to EX 20E inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

161 Branch equivalent income or loss: calculation rules Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.


(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Amendments incorporated in the principal Act.

(5) 3573 Income Tax Act 2007 Reprinted as at 29 May 2012 Amendments incorporated in the principal Act.

(6) Amendments incorporated in the principal Act.

(7) Amendments incorporated in the principal Act.

(8) Amendments incorporated in the principal Act.


(9) (10) Amendments incorporated in the principal Act.

(11) Amendments incorporated in the principal Act.

(12) Amendments incorporated in the principal Act.

(13) Amendments incorporated in the principal Act.

(14) Amendments incorporated in the principal Act.

(15) Amendments incorporated in the principal Act.

(16) Amendments incorporated in the principal Act.


(17) Subsections (1) to (6) and (9) to (14) apply for all income years beginning on or after 1 July 2009.

(18) Subsection (8) applies for the 2010–11 and later income years.

162 New heading and sections EX 21B to EX 21E inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

163 Heading and section EX 22 replaced (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

164 Section EX 23 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

165 Change of CFC’s balance date (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
3574 Reprinted as at 29 May 2012 Income Tax Act 2007 169 Exemption for Australian unit trusts with adequate turnover or distributions Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

(1) (2) 173 Limits on choice of calculation methods Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.


(4) Amendments incorporated in the principal Act.

(5) Amendments incorporated in the principal Act.

(6) Amendments incorporated in the principal Act.

(7) Amendments incorporated in the principal Act.

(8) (9) Amendments incorporated in the principal Act.

(10) Amendments incorporated in the principal Act.

(11) Amendments incorporated in the principal Act.

(12) Amendments incorporated in the principal Act.


(13) Amendments incorporated in the principal Act.

(14) Subsections (4) and (10) apply for the 2010–11 and later in- come years.

(15) Subsection (8) applies for all income years beginning on or after 1 July 2009.

175 Branch equivalent method (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
176 Comparative value method (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (2) applies for the 2009–10 and later income years.

180 Additional FIF income or loss if CFC owns FIF (1) Amendments incorporated in the principal Act.

3575 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (2) and (3) apply for all income years beginning on or after 1 July 2009.

(1) (2) (3) 181 Codes: comparative value method, deemed rate of return method, fair dividend rate method, and cost method Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Section EX 59(1C)(b) is replaced by the following: the FIF is a foreign PIE equivalent.” “(b) Amendments incorporated in the principal Act.


In section EX 59, in the list of deﬁned terms,— “foreign investment vehicle” is omitted: (a) (b) “foreign PIE equivalent” is inserted.

Subsection (3) applies for the 2010–11 and later income years.

Subsection (4) applies for the 2009–10 and later income years.

(4) (5) (6) (7) (8) 183 Changes in application of FIF exemptions (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (2) apply for the 2008–09 and later income years.

184 New section EX 66B inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2009–10 and later income years.

185 Sections EY 1 to EY 5 replaced (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for 3576 Reprinted as at 29 May 2012 Income Tax Act 2007 the tax year corresponding to the ﬁrst relevant income year.

186 Section EY 6 replaced (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

187 Meaning of claim (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

188 Superannuation schemes providing life insurance Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.


(2) Amendments incorporated in the principal Act.

(3) Subsections (1) and (2) apply for the 2008–09 and later income (4) years.

189 Meaning of life reinsurance (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (2) apply–– (a) on and after 1 July 2010, unless paragraph (b) applies: 3577 Income Tax Act 2007 Reprinted as at 29 May 2012 (b) for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
190 Sections EY 15 to EY 47 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
193 Non-resident life insurers with life insurance policies in (1) (2) (3) New Zealand Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
194 Deductions for disposal of property: 1982–83 and 1989–90 income years Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) to (4) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new (1) (2) (3) (4) (5) 3578 Reprinted as at 29 May 2012 Income Tax Act 2007 life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
195 Section EZ 31 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

197 (1) (2) Income and expenditure where ﬁnancial arrangement redeemed or disposed of Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

199 New headings and sections EZ 53 to EZ 62 added Amendments incorporated in the principal Act.
(1) Subsection (1) applies–– (2) (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

202 New section FA 2B inserted (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies if a debt security is stapled to a share on or after 25 February 2008.

Subsection (2) applies for all income years beginning on or after 1 July 2009.

(4) 203 Financial arrangements rules (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
3579 Income Tax Act 2007 Reprinted as at 29 May 2012 205 Property transferred to charities or to close relatives and others Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

(1) (2) (3) (4) (5) 206 What this subpart does (1) (2) (3) Amendments incorporated in the principal Act.


Subsection (1) applies for all income years beginning on or after 1 July 2009.

207 When this subpart applies (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

208 Section FE 3 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
209 Some deﬁnitions (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

Subsection (2) applies for the 2008–09 and later income years.

(5) 210 Thresholds for application of interest apportionment rules (1) (2) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


3580 Reprinted as at 29 May 2012 Income Tax Act 2007 (3) Subsection (1) applies for all income years beginning on or after 1 July 2009.

211 Apportionment of interest by excess debt entity (1) (2) (3) (4) (5) (6) (7) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (3) applies for the 2008–09 and later income years.

Subsections (1), (2), and (4) apply for all income years begin- ning on or after 1 July 2009.

212 Calculation of debt percentages (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) to (4) apply for all income years beginning on or after 1 July 2009.

213 Financial arrangements entered into with persons outside (1) (2) (3) (4) (5) group Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (3) applies for all income years beginning on or after 1 July 2009.
214 Consolidation of debts and assets (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

3581 Income Tax Act 2007 Reprinted as at 29 May 2012 215 Total group debt (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (2) applies for all income years beginning on or after 1 July 2009.

216 Total group assets (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

217 Measurement of debts and assets of worldwide group (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (4) apply for all income years beginning on or after 1 July 2009.

218 Banking group’s New Zealand net equity (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Subsection (3) applies for all income years beginning on or Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

after 1 July 2009.
after 1 July 2009.

3582 Reprinted as at 29 May 2012 Income Tax Act 2007 (11) Subsections (2), (6), and (8) apply for the 2010–11 and later income years.

219 New Zealand group for excess debt entity that is a (1) (2) (3) company Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

Identifying New Zealand parent 220 Amendments incorporated in the principal Act.
(1) Amendments incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Amendments incorporated in the principal Act.

(5) Amendments incorporated in the principal Act.

(6) Amendments incorporated in the principal Act.

(7) Amendments incorporated in the principal Act.

(8) (9) Amendments incorporated in the principal Act.

(10) Amendments incorporated in the principal Act.


(11) Subsections (1) to (9) apply for all income years beginning on or after 1 July 2009.

221 Section FE 28 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

222 Section FE 29 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
3583 Income Tax Act 2007 Reprinted as at 29 May 2012 223 Ownership interests in companies outside New Zealand (1) (2) (3) (4) group Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for all income years beginning on or after 1 July 2009.

224 Worldwide group for corporate excess debt entity Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.


(2) Amendments incorporated in the principal Act.

(3) Subsections (1) and (2) apply for all income years beginning (4) on or after 1 July 2009.

225 New sections FE 31B and FE 31C inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

226 Section FE 32 replaced (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

227 (1) (2) (3) (4) (5) Identifying members of New Zealand banking group Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (4) apply for the 2008–09 and later income years.

228 Subpart FF repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

3584 Reprinted as at 29 May 2012 Income Tax Act 2007 229 Consolidation rules (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

230 Some general rules for treatment of consolidated groups (1) (2) (3) (4) (5) (6) (7) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (3) and (5) apply for all income years be- ginning on or after 1 July 2009.

231 Heading and sections FM 24 to FM 26 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

232 Eligibility rules (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

234 Trans-Tasman imputation groups and resident imputation (1) (2) (3) subgroups Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (2) apply for the 2008–09 and later income years.

235 Amortising property (1) Amendments incorporated in the principal Act.

3585 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) Subsection (1) applies for the 2008–09 and later income years.

237 New sections GB 15B and GB 15C inserted Amendments incorporated in the principal Act.

(1) Subsection (1) applies for all income years beginning on or (2) after 1 July 2009.
238 Attribution rule for income from personal services Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.

(3) Subsection (1) applies for the 2008–09 and later income years.

(4) Subsection (2) applies for all income years beginning on or (5) after 1 July 2009.

240 Section GB 39 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

246 (1) (2) Insufﬁcient amount receivable by person Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

247 Compensating arrangement: person receiving more than (1) (2) arm’s length amount Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
248 Requests for matching treatment (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

3586 Reprinted as at 29 May 2012 Income Tax Act 2007 249 Section GC 12 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
250 New section GZ 2 inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

251 Shareholding requirements (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

252 New section HA 8B inserted (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

253 Limit on foreign non-dividend income (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

254 When requirements no longer met (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

256 Fully imputed distributions (1) (2) (3) Amendments incorporated in the principal Act.


Subsection (1) applies for the 2008–09 and later income years.

257 Section HA 16 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

3587 Income Tax Act 2007 Reprinted as at 29 May 2012 259 Calculating qualifying company election tax Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.


(3) Subsections (1) and (2) apply for all income years beginning (4) on or after 1 July 2009.

260 Corpus of trust (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for all income years beginning on or after 1 July 2009.

261 Trustee income (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

263 Distributions from community trusts (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

264 Who is a settlor?

(1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies, for the purposes of— (a) (b) (c) for the provisions other than the land provisions, 2010–11 and later income years: the land provisions other than section CB 11, for land acquired on or after the date on which this Act receives the Royal assent: section CB 11, for land on which improvements are be- gun on or after the date on which this Act receives the Royal assent.

(4) Subsection (2) applies for the 2008–09 and later income years.
3588 Reprinted as at 29 May 2012 Income Tax Act 2007 265 Liability of trustee as agent (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

266 Beneﬁciary income of minors (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

269 General provisions relating to disposals (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsections (1) and (2) apply for income years starting on and after 1 April 2008.

270 Section HG 4 replaced (1) (2) Amendments incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

271 Disposal of partner’s interests (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsections (1) and (2) apply for income years starting on and after 1 April 2008.

272 Disposal of trading stock (1) (2) Amendments incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, 3589 Income Tax Act 2007 Reprinted as at 29 May 2012 subsection (1) applies for income years starting on and after 1 April 2008.

273 Disposal of depreciable property (1) (2) Amendments incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

274 Disposal of ﬁnancial arrangements and certain excepted (1) (2) ﬁnancial arrangements Amendments incorporated in the principal Act.
For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (1) applies for income years starting on and after 1 April 2008.

275 Disposal of short-term agreements for the sale and (1) (2) (3) (4) purchase of property or services Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


For a person who is not a limited partner of a limited part- nership registered under the Limited Partnerships Act 2008, subsection (2) applies for income years starting on and after 1 April 2008.

276 Section HG 10 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2009–10 and later income years.

Investor membership requirement Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

282 (1) (2) (3) (4) 3590 Reprinted as at 29 May 2012 Income Tax Act 2007 (5) (6) 284 (1) (2) (3) (4) (5) (6) (7) (8) Amendments incorporated in the principal Act.

Subsection (2) applies for the 2009–10 and later income years.

Investor interest size requirement Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (3), (5), and (7) apply for the 2009–10 and later income years.

288 Treatment of income from interest when entitlement conditional or lacking Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

(1) (2) 290 Credits received by portfolio tax rate entity or portfolio (1) (2) (3) (4) investor proxy Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (3) apply for the 2008–09 and later income years.

293 Transitional residents (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (5) apply for the 2008–09 and later income years.

3591 Income Tax Act 2007 Reprinted as at 29 May 2012 294 New heading and sections HR 9 and HR 10 added Amendments incorporated in the principal Act.

(1) Subsection (1) applies for the 2008–09 and later income years.
(2) 296 Restrictions relating to ring-fenced tax losses Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Amendments incorporated in the principal Act.

(5) Amendments incorporated in the principal Act.


(6) Subsection (1) applies–– (7) (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

(8) (9) Subsections (2) and (3) apply for the 2008–09 and later income years.
Subsection (4) applies for the 2010–11 and later income years.

297 Restrictions relating to schedular income (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (3) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

(5) Subsection (2) applies for the 2008–09 and later income years.
298 Common ownership: group of companies (1) Amendments incorporated in the principal Act.

3592 Reprinted as at 29 May 2012 Income Tax Act 2007 (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and 2009–10 income years.

Subsection (2) applies for the 2010–11 and later income years.

300 Pre-consolidation losses: use by group companies Amendments incorporated in the principal Act.
(1) Amendments incorporated in the principal Act.

(2) Subsection (1) applies for the 2008–09 and later income years.

(3) 301 When this subpart applies (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

302 Ring-fencing cap on attributed CFC net losses (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
Subsection (2) applies for the 2008–09 and later income years.

(4) 303 New section IQ 2B inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

304 Ring-fencing cap on FIF net losses (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.
305 Group companies using attributed CFC net losses Amendments incorporated in the principal Act.

(1) 3593 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) Subsection (1) applies for all income years beginning on or after 1 July 2009.

306 Group companies using FIF net losses (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
307 Subpart IT replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

310 New section LA 8B inserted (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

311 Use of tax credits (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
314 Tax credits for families (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

3594 Reprinted as at 29 May 2012 Income Tax Act 2007 (5) Subsections (1) and (2) apply for the 2008–09 and later income years.

315 Tax credits related to personal service rehabilitation payments: providers Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

(1) (2) 316 Tax credits related to personal service rehabilitation payments: payers Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

(1) (2) 317 Tax credits for transitional circumstances (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
324 Tax credits for imputation credits (1) (2) (3) (4) (5) (6) (7) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

Subsection (3) applies for the 2010–11 and later income years.
325 Use of remaining credits by companies and trustees Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Amendments incorporated in the principal Act.


(5) Subsections (1) to (4) apply–– (6) (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new 3595 Income Tax Act 2007 Reprinted as at 29 May 2012 life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
326 New section LE 2B inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

327 Use of remaining credits by others (1) (2) (3) Amendments incorporated in the principal Act.


Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

330 Who this subpart applies to (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (4) apply for the 2008–09 and later income years.

331 Tax credits relating to expenditure on research and development Amendments incorporated in the principal Act.

(1) 3596 Reprinted as at 29 May 2012 Income Tax Act 2007 (2) Subsection (1) applies for the 2008–09 and later income years.
332 Requirements (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

333 Adjustments to eligible expenditure (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
334 New section LH 14B inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

335 What this subpart does (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

336 Tax credits for foreign income tax (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (3) apply for the 2008–09 and later income years.

Subsection (2) applies for the 2010–11 and later income years.

(7) 338 Calculation of New Zealand tax (1) (2) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


3597 Income Tax Act 2007 Reprinted as at 29 May 2012 (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (3) apply for the 2008–09 and later income years.

339 Section LJ 7 replaced by new sections LJ 7 and LJ 8 Amendments incorporated in the principal Act.

(1) Subsection (1) applies for the 2008–09 and later income years.
(2) 340 Tax credits relating to attributed CFC income (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (2) applies for all income years beginning on or after 1 July 2009.

Subsections (1) and (3) apply for the 2008–09 and later income years.
(7) 341 Calculation of amount of credit (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

342 New section LK 5B inserted (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

343 Subpart LL repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
344 Use of remaining credits (1) Amendments incorporated in the principal Act.

3598 Reprinted as at 29 May 2012 Income Tax Act 2007 (2) Subsection (1) applies for the 2008–09 and later income years.

345 Continuity rules for carrying credits forward Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Subsection (1) applies for the 2008–09 and later income years.

(3) 346 Sections LQ 1 to LQ 4 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

349 Meaning of full-time earner for family scheme (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

352 Family scheme income of major shareholders in close companies Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

(1) (2) 354 Third requirement: residence (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

355 When person does not qualify (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

356 Continuing requirements (1) (2) Amendments incorporated in the principal Act.


3599 Income Tax Act 2007 Reprinted as at 29 May 2012 (3) (4) Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

357 Principal caregiver (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

358 Second requirement: principal care (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

359 Third requirement: residence (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

360 Fifth requirement: full-time earner (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (3) apply for the 2008–09 and later income years.
361 Calculation of in-work tax credit (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

363 Meaning of net family scheme income (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (3) apply for the 2008–09 and later income years.

364 Recovery of overpaid tax credit (1) Amendments incorporated in the principal Act.
3600 Reprinted as at 29 May 2012 Income Tax Act 2007 (2) Subsection (1) applies for the 2008–09 and later income years.

365 Section MF 6 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

368 When short payment and unpaid compulsory employer contributions found after tax credit used Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
(1) (2) 371 New section MZ 3 added (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

372 Memorandum accounts (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

373 Credits (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (2) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

3601 Income Tax Act 2007 Reprinted as at 29 May 2012 374 Debits (1) (2) (3) Amendments incorporated in the principal Act.


Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

375 Opening balances of memorandum accounts Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.


(2) Subsection (1) applies–– (3) (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

377 Section OA 12 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

378 General rules for companies with imputation credit accounts Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1), (2), and (4) apply for the 2008–09 and later income years.
(1) (2) (3) (4) (5) (6) (7) 3602 Reprinted as at 29 May 2012 Income Tax Act 2007 (8) Subsection (3) applies for the 2010–11 and later income years.

379 Australian companies with imputation credit accounts (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

380 New section OB 3B inserted (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

381 (1) (2) (3) (4) (5) 382 (1) (2) (3) ICA payment of tax Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (2) applies for the 2008–09 and later income years.

Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
ICA resident withholding tax withheld Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new 3603 Income Tax Act 2007 Reprinted as at 29 May 2012 life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
385 Section OB 11 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for dividends received in all income years beginning on or after 1 July 2009.

386 Section OB 17 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

387 (1) (2) 388 (1) (2) (3) (4) ICA transfer to master fund Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
ICA refund of income tax Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
(5) Subsection (2) applies for the 2008–09 and later income years.

3604 Reprinted as at 29 May 2012 Income Tax Act 2007 389 (1) (2) (3) 390 (1) (2) (3) ICA amount applied to pay other taxes Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (2) applies for the 2008–09 and later income years.

ICA refund from tax pooling account Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for a tax position taken on or after 1 April 2008 except for a tax position taken by a company when— (a) the company has received a refund of the type referred to in section OB 34(1); and the refund is received in the company’s 2008–09 in- come year but before 2 July 2008; and the company has relied on section OB 34(4), as it was before the amendment made by this section, to deter- mine the date of the debit.
(b) (c) 392 New section OB 35B inserted (1) (2) Amendments incorporated in the principal Act.\ Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

393 (1) (2) (3) ICA refund of tax credit Amendments incorporated in the principal Act.


Subsections (1) and (2) apply for the 2008–09 and later income years.

394 (1) ICA transfer for net foreign attributed income Amendments incorporated in the principal Act.

3605 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) Subsection (1) applies for the 2008–09 and later income years.

395 Section OB 39 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
396 Section OB 47 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
397 (1) (2) 398 (1) (2) (3) (4) (5) ICA benchmark dividend rules Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

Imputation additional tax on leaving wholly-owned group Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (4) apply for the 2008–09 and later income years.
399 Table O1: imputation credits (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (2) applies for the 2009–10 and later income years.

3606 Reprinted as at 29 May 2012 Income Tax Act 2007 (7) (8) (9) Subsection (3) applies for all income years beginning on or after 1 July 2009.
Subsection (4) applies for the 2008–09 and later income years.

Subsection (5) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

400 Table O2: imputation debits (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (4) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
(6) (7) Subsection (2) applies for the 2008–09 and later income years.

Subsection (3) applies for all income years beginning on or after 1 July 2009.

401 General rules for companies with FDP accounts (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2010–11 and later income years.

Subsection (2) applies for all income years beginning on or after 1 July 2009.
402 New section OC 2B inserted (1) Amendments incorporated in the principal Act.

3607 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
403 When company chooses to stop being FDPA company (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

404 When company emigrates (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

405 Section OC 6 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for dividends received in all income years beginning on or after 1 July 2009.

406 Section OC 8 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

407 Section OC 9 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

408 Section OC 10 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

3608 Reprinted as at 29 May 2012 Income Tax Act 2007 409 FDPA refund of tax credit (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

410 Section OC 20 replaced (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

411 Section OC 23 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

413 Payment of further FDP for closing debit balance Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.


(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Subsections (1) to (3) apply for all income years beginning on (5) or after 1 July 2009.

414 Payment of further FDP when company no longer New Zealand resident Amendments incorporated in the principal Act.

(1) 3609 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) (3) (4) (5) Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Subsections (1) to (3) apply for all income years beginning on or after 1 July 2009.

415 Reduction of further FDP (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for all income years beginning on or after 1 July 2009.
416 Section OC 33 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

417 Section OC 34 replaced (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

418 Heading and sections OC 35 to OC 39 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

419 Table O3: FDP credits (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
3610 Reprinted as at 29 May 2012 Income Tax Act 2007 420 Table O4: FDP debits (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
Subsection (2) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

421 General rules for companies with CTR accounts Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.


(2) Subsection (1) applies for the 2008–09 and later tax years.

(3) Subsection (2) applies for all income years beginning on or (4) after 1 July 2009.

422 Choosing to become CTR company (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later tax years.

423 When company stops being CTR company (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

424 Section OD 5 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

425 Section OD 8 repealed (1) Amendments incorporated in the principal Act.

3611 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) Subsection (1) applies for all income years beginning on or after 1 July 2009.
426 Section OD 11 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

427 CTRA increase in resident shareholding (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later tax years.

428 Section OD 23 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
429 Section OD 24 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

430 Table O5: conduit tax relief credits (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

431 Table O6: conduit tax relief debits (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for the 2008–09 and later tax years.

Subsection (2) applies for all income years beginning on or after 1 July 2009.

432 Branch equivalent tax accounts of companies Amendments incorporated in the principal Act.

(1) 3612 Reprinted as at 29 May 2012 Income Tax Act 2007 (2) Subsection (1) applies for all income years beginning on or after 1 July 2009.
433 Heading and sections OE 12 and OE 13 repealed Amendments incorporated in the principal Act.

(1) Subsection (1) applies for dividends received in all income (2) years beginning on or after 1 July 2009.

434 Sections OE 14 to OE 16 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

435 New heading and section OE 16B inserted (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

436 Table O7: branch equivalent tax credits (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

437 Table O8 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

439 Subpart OJ repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

3613 Income Tax Act 2007 Reprinted as at 29 May 2012 440 MACA payment of tax (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

441 MACA refund of income tax (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

442 MACA payment of other taxes (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

443 New section OK 14B inserted (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

444 Table O18: Maori authority debits (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

445 When credits and debits arise only in consolidated (1) (2) (3) (4) (5) imputation group accounts Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for all income years beginning on or after 1 July 2009.

Subsections (2) and (3) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
446 Provisions applying to consolidated imputation groups (1) Amendments incorporated in the principal Act.

3614 Reprinted as at 29 May 2012 Income Tax Act 2007 (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

447 Consolidated ICA payment of tax (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

(5) Subsection (2) applies for the 2008–09 and later income years.
448 Section OP 14 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

449 Consolidated ICA resident withholding tax withheld Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.


(2) Subsection (1) applies–– (3) (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

450 Section OP 20 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– 3615 Income Tax Act 2007 Reprinted as at 29 May 2012 (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

451 Section OP 21 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

452 Consolidated ICA refund of income tax (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Subsections (1) and (2) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
(6) Subsection (3) applies for the 2008–09 and later income years.

453 Consolidated ICA amount applied to pay other taxes (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

454 New section OP 33B inserted (1) Amendments incorporated in the principal Act.
3616 Reprinted as at 29 May 2012 Income Tax Act 2007 (2) Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

455 Consolidated ICA refund of tax credit (1) (2) (3) (4) Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

456 Section OP 38 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

457 Consolidated ICA transfer to policyholder credit account (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for the 2008–09 and later income years.

458 Section OP 44 replaced (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

3617 Income Tax Act 2007 Reprinted as at 29 May 2012 459 Table O19: imputation credits of consolidated imputation (1) (2) (3) (4) groups Amendments incorporated in the principal Act.


Subsection (1) applies for all income years beginning on or after 1 July 2009.

Subsection (2) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
460 Table O20: imputation debits of consolidated imputation (1) (2) (3) (4) (5) (6) groups Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (5) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

(7) (8) Subsections (2) and (4) apply for the 2008–09 and later income years.
Subsection (3) applies for all income years beginning on or after 1 July 2009.

461 When credits and debits arise only in consolidated FDP group accounts Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

(1) (2) 3618 Reprinted as at 29 May 2012 Income Tax Act 2007 (3) (4) Subsection (1) applies for all income years beginning on or after 1 July 2009.
Subsection (2) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

462 Section OP 56 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
463 Section OP 57 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

464 Section OP 61 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

465 Section OP 62 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
466 Consolidated FDPA refund of tax credit (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

3619 Income Tax Act 2007 Reprinted as at 29 May 2012 467 Section OP 74 replaced (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

468 Table O21: FDP credits of consolidated FDP groups Amendments incorporated in the principal Act.

(1) Subsection (1) applies for all income years beginning on or (2) after 1 July 2009.
(4) 469 Table O22: FDP debits of consolidated FDP groups Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Subsection (1) applies for all income years beginning on or (3) after 1 July 2009.
Subsection (2) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

470 CTR accounts of consolidated groups (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
471 When credits and debits arise only in CTR group accounts (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

3620 Reprinted as at 29 May 2012 Income Tax Act 2007 472 Section OP 81 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

473 Section OP 82 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

474 Section OP 88 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

475 Section OP 95 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
476 Table O23: conduit tax relief credits of consolidated (1) (2) groups Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

477 Table O24: conduit tax relief debits of consolidated (1) (2) groups Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

478 Section OP 99 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

3621 Income Tax Act 2007 Reprinted as at 29 May 2012 479 Heading and sections OP 105 to OP 108 repealed Amendments incorporated in the principal Act.

(1) Subsection (1) applies for all income years beginning on or (2) after 1 July 2009.

480 New heading and section OP 108B inserted Amendments incorporated in the principal Act.

(1) Subsection (1) applies for all income years beginning on or (2) after 1 July 2009.
481 Table O25: branch equivalent tax credits of consolidated (1) (2) BETA groups Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

482 Table O26 repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

483 Headings and sections OP 109 to OP 116 repealed Amendments incorporated in the principal Act.
(1) Subsection (1) applies–– (2) (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

484 Tables O27 and O28 repealed (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for 3622 Reprinted as at 29 May 2012 Income Tax Act 2007 the tax year corresponding to the ﬁrst relevant income year.

485 ASCA lost excess available subscribed capital (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

486 Modifying ratios for imputation credits and FDP credits (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

488 What this Part does (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.
489 Tax obligations for employment-related taxes Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Subsections (1) to (3) apply for the 2008–09 and later income (5) years.

490 Withholding and payment obligations for passive income (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for all income years beginning on or after 1 July 2009.

Subsection (2) applies for the 2008–09 and later income years.

(5) 491 When obligations not met (1) Amendments incorporated in the principal Act.

3623 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for the 2008–09 and later income years.

Subsection (2) applies for all income years beginning on or after 1 July 2009.

492 Payment dates for interim and other tax payments Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.


(4) Subsection (1) applies for the 2008–09 and later income years.

(5) However, subsection (1) does not apply to a person in relation to a tax position taken by the person— (a) in the period from 1 April 2008 to the date of Royal assent of this Act; and in relation to the payment of FDP; and relying upon section RA 15(2) prior to the amendment made by subsection (1).
(b) (c) (6) Subsection (3) applies for all income years beginning on or after 1 July 2009.

493 Amalgamation of companies (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

494 Regulations (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
495 Application of other provisions for purposes of ESCT rules and NRWT rules Amendments incorporated in the principal Act.

(1) 3624 Reprinted as at 29 May 2012 Income Tax Act 2007 (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

496 Payment of terminal tax (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
497 Schedular income tax liability for ﬁling taxpayers for non-resident passive income Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

(1) (2) 500 Attribution rule for income from personal services Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Subsection (1) applies for the 2008–09 and later income years.
(3) 503 PAYE income payments (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (2) and (3) apply for the 2008–09 and later income years.
However, subsections (2) and (3) do not apply to a person in relation to a tax position taken by the person— (a) in the period from 1 April 2008 to the date of Royal assent of this Act; and relating to the treatment of an amount of income; and relying upon section RD 3(3) and (4) as they were prior to the amendment made by subsections (2) and (3).

(b) (c) 504 Salary or wages (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

3625 Income Tax Act 2007 Reprinted as at 29 May 2012 (6) (7) (8) (9) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1), (2), and (6) apply for the 2008–09 and later income years.
(10) Subsections (3) and (4) apply for the 2008–09 and later income years.

507 Reduction in certain circumstances (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

508 Multiple payments of salary or wages (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies for the 2009–10 and later income years.

509 Advance payments of salary or wages (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

511 Payments of extra pay with other PAYE income payments (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
512 Schedular payments without notiﬁcation (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

514 PAYE income payment forms for amounts of tax paid to Commissioner Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

(1) (2) (3) 3626 Reprinted as at 29 May 2012 Income Tax Act 2007 Amendments incorporated in the principal Act.
(4) Amendments incorporated in the principal Act.

(5) Amendments incorporated in the principal Act.

(6) Amendments incorporated in the principal Act.

(7) Amendments incorporated in the principal Act.

(8) (9) Amendments incorporated in the principal Act.

(10) Amendments incorporated in the principal Act.

(11) Subsections (4) and (7) apply for the 2008–09 and later income years.

517 Close company option (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (3) apply for the 2008–09 and later income years.

518 Small business option (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (3) apply for the 2008–09 and later income years.

519 Employer’s superannuation contributions (1) (2) (3) (4) (5) (6) (7) (8) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


3627 Income Tax Act 2007 Reprinted as at 29 May 2012 Amendments incorporated in the principal Act.

(9) (10) Amendments incorporated in the principal Act.

(11) Amendments incorporated in the principal Act.

(12) Amendments incorporated in the principal Act.

(13) Subsections (1) to (6) and (8) to (11) apply for the 2008–09 and later income years.
520 Calculating amounts of tax for employer’s superannuation (1) (2) (3) (4) (5) contributions Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) to (3) apply for the 2008–09 and later income years.

521 Choosing to have amount treated as salary or wages Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.


(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Subsections (1) to (3) apply for the 2008–09 and later income (5) years.

522 Choosing different rates for employer’s superannuation (1) (2) (3) (4) contributions Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (2) apply for the 2008–09 and later income years.

523 Calculating amounts on failure to withhold Amendments incorporated in the principal Act.

(1) Amendments incorporated in the principal Act.

(2) Subsection (1) applies for the 2008–09 and later income years.
(3) 3628 Reprinted as at 29 May 2012 Income Tax Act 2007 524 Amounts of tax treated as paid to and received by (1) (2) (3) (4) superannuation funds Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

525 Resident passive income (1) (2) (3) (4) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) and (2) apply for the 2008–09 and later income years.
However, subsections (1) and (2) do not apply to a person in relation to a tax position taken by the person— (a) in the period from 1 April 2008 to 3 December 2008; and in relation to the payment of an amount of resident pas- sive income to a non-resident engaged in business in New Zealand; and relying upon section RE 2 as it was prior to the amend- ment made by subsections (1) and (2).

(b) (c) 526 Obligation to withhold RWT (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

527 Persons who have withholding obligations (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

528 Agents’ or trustees’ obligations in relation to certain dividends Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


(1) (2) 3629 Income Tax Act 2007 Reprinted as at 29 May 2012 (3) Subsection (1) applies for all income years beginning on or after 1 July 2009.

529 Notiﬁcation by companies (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

530 (1) (2) Interest Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
531 Non-resident passive income (1) (2) (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

Subsection (4) applies for the 2008–09 and later income years.
However, subsection (4) does not apply to a person in relation to a tax position taken by the person— (a) (7) in the period from 1 April 2008 to 3 December 2008; and in relation to a payment of non-resident passive income; and relying on section RF 2(5) as it was prior to the amend- ment made by subsection (4).

(b) (c) (8) Subsection (3) applies for the 2010–11 and later income years.

533 When dividends fully imputed or fully credited (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

534 Non-cash dividends (1) (2) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

3630 Reprinted as at 29 May 2012 Income Tax Act 2007 (3) (4) (5) (6) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (3) apply for the 2008–09 and later income years.
536 Section RF 12 replaced by sections RF 12 to RF 12C Amendments incorporated in the principal Act.

(1) Subsection (1) applies for the 2008–09 and later income years.

(2) 537 Credit balance in branch equivalent tax account Amendments incorporated in the principal Act.

(1) Subsection (1) applies for the 2008–09 and later income years.

(2) 538 Using loss balances (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.
539 Reduction of payments for conduit tax relief Amendments incorporated in the principal Act.

(1) Subsection (1) applies for the 2008–09 and later income years.

(2) 540 Subpart RG repealed (1) (2) Amendments incorporated in the principal Act.

Subsection (1) applies for all income years beginning on or after 1 July 2009.

543 Using refund to satisfy tax liability (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

544 Operation of PAYE intermediaries’ trust accounts Amendments incorporated in the principal Act.

(1) 3631 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsections (1) to (3) apply for the 2008–09 and later income years.

545 General responsibility of employers (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

547 Employer’s superannuation contributions (1) (2) (3) (4) Amendments incorporated in the principal Act.


Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

548 General responsibilities of PAYE intermediaries (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (1) applies for the 2008–09 and later income years.

554 Standard method: 2008–09 and 2009–10 income years (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

555 GST ratio method: 2008–09 and 2009–10 income years (1) (2) This section amends section YA 1.

Subsection (1) applies for the 2008–09 and later income years.

557 Deﬁnitions (1) (2) (3) (4) This section amends section YA 1.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


3632 Reprinted as at 29 May 2012 Income Tax Act 2007 Amendments incorporated in the principal Act.

(5) Amendments incorporated in the principal Act.

(6) Amendments incorporated in the principal Act.

(7) Amendments incorporated in the principal Act.

(8) (9) Amendments incorporated in the principal Act.

(10) Amendments incorporated in the principal Act.

(11) Amendments incorporated in the principal Act.

(12) Amendments incorporated in the principal Act.


(13) Amendments incorporated in the principal Act.

(14) Amendments incorporated in the principal Act.

(15) Amendments incorporated in the principal Act.

(16) Amendments incorporated in the principal Act.

(17) Amendments incorporated in the principal Act.

(18) Amendments incorporated in the principal Act.

(19) Amendments incorporated in the principal Act.

(20) Amendments incorporated in the principal Act.


(21) Amendments incorporated in the principal Act.

(22) Amendments incorporated in the principal Act.

(23) Amendments incorporated in the principal Act.

(24) Amendments incorporated in the principal Act.

(25) Amendments incorporated in the principal Act.

(26) Amendments incorporated in the principal Act.

(27) Amendments incorporated in the principal Act.

(28) Amendments incorporated in the principal Act.


(29) Amendments incorporated in the principal Act.

(30) Amendments incorporated in the principal Act.

(31) Amendments incorporated in the principal Act.

(32) Amendments incorporated in the principal Act.

(33) Amendments incorporated in the principal Act.

(34) Amendments incorporated in the principal Act.

(35) Amendments incorporated in the principal Act.

(36) Amendments incorporated in the principal Act.


(37) Amendments incorporated in the principal Act.

(38) Amendments incorporated in the principal Act.

3633 Income Tax Act 2007 Reprinted as at 29 May 2012 (39) Amendments incorporated in the principal Act.

(40) Amendments incorporated in the principal Act.

(41) Amendments incorporated in the principal Act.

(42) Amendments incorporated in the principal Act.

(43) Amendments incorporated in the principal Act.


(44) Amendments incorporated in the principal Act.

(45) Amendments incorporated in the principal Act.

(46) Amendments incorporated in the principal Act.

(47) Amendments incorporated in the principal Act.

(48) Amendments incorporated in the principal Act.

(49) Amendments incorporated in the principal Act.

(50) Amendments incorporated in the principal Act.

(51) Amendments incorporated in the principal Act.


(52) Amendments incorporated in the principal Act.

(53) Amendments incorporated in the principal Act.

(54) Amendments incorporated in the principal Act.

(55) Amendments incorporated in the principal Act.

(56) Amendments incorporated in the principal Act.

(57) Amendments incorporated in the principal Act.

(58) Amendments incorporated in the principal Act.

(59) Amendments incorporated in the principal Act.


(60) Amendments incorporated in the principal Act.

(61) Amendments incorporated in the principal Act.

(62) Amendments incorporated in the principal Act.

(63) Amendments incorporated in the principal Act.

(64) Amendments incorporated in the principal Act.

(65) Amendments incorporated in the principal Act.

(66) Amendments incorporated in the principal Act.

(67) Amendments incorporated in the principal Act.


(68) Amendments incorporated in the principal Act.

(69) Amendments incorporated in the principal Act.

(70) Amendments incorporated in the principal Act.

(71) Amendments incorporated in the principal Act.

(72) Amendments incorporated in the principal Act.

3634 Reprinted as at 29 May 2012 Income Tax Act 2007 (73) Amendments incorporated in the principal Act.

(74) Amendments incorporated in the principal Act.


(75) Amendments incorporated in the principal Act.

(76) Amendments incorporated in the principal Act.

(77) Amendments incorporated in the principal Act.

(78) Amendments incorporated in the principal Act.

(79) Amendments incorporated in the principal Act.

(80) Amendments incorporated in the principal Act.

(81) Amendments incorporated in the principal Act.

(82) Amendments incorporated in the principal Act.


(83) Amendments incorporated in the principal Act.

(84) Amendments incorporated in the principal Act.

(85) Amendments incorporated in the principal Act.

(86) Amendments incorporated in the principal Act.

(87) Amendments incorporated in the principal Act.

(88) Amendments incorporated in the principal Act.

(89) Amendments incorporated in the principal Act.

(90) Amendments incorporated in the principal Act.


(91) Amendments incorporated in the principal Act.

(92) Amendments incorporated in the principal Act.

(93) Amendments incorporated in the principal Act.

(94) Amendments incorporated in the principal Act.

(95) Amendments incorporated in the principal Act.

(96) Amendments incorporated in the principal Act.

(97) Amendments incorporated in the principal Act.

(98) Amendments incorporated in the principal Act.


(99) Amendments incorporated in the principal Act.

(100) Amendments incorporated in the principal Act.

(101) Amendments incorporated in the principal Act.

(102) Amendments incorporated in the principal Act.

(103) Amendments incorporated in the principal Act.

(104) Amendments incorporated in the principal Act.

(105) Amendments incorporated in the principal Act.

(106) Amendments incorporated in the principal Act.
3635 Income Tax Act 2007 Reprinted as at 29 May 2012 (107) Amendments incorporated in the principal Act.

(108) Amendments incorporated in the principal Act.

(109) Amendments incorporated in the principal Act.

(110) Amendments incorporated in the principal Act.

(111) Amendments incorporated in the principal Act.

(112) Amendments incorporated in the principal Act.

(113) Amendments incorporated in the principal Act.

(114) Amendments incorporated in the principal Act.
(115) Amendments incorporated in the principal Act.

(116) Amendments incorporated in the principal Act.

(117) Amendments incorporated in the principal Act.

(118) Amendments incorporated in the principal Act.

(119) Amendments incorporated in the principal Act.

(120) Amendments incorporated in the principal Act.

(121) Amendments incorporated in the principal Act.

(122) Amendments incorporated in the principal Act.

(123) Amendments incorporated in the principal Act.
(124) Amendments incorporated in the principal Act.

(125) Amendments incorporated in the principal Act.

(126) Amendments incorporated in the principal Act.

(127) Amendments incorporated in the principal Act.

(128) Amendments incorporated in the principal Act.

(129) Amendments incorporated in the principal Act.

(130) Amendments incorporated in the principal Act.

(131) Amendments incorporated in the principal Act.

(132) Amendments incorporated in the principal Act.
(133) Amendments incorporated in the principal Act.

(134) Amendments incorporated in the principal Act.

(135) Amendments incorporated in the principal Act.

(136) Amendments incorporated in the principal Act.

(137) Amendments incorporated in the principal Act.

(138) Amendments incorporated in the principal Act.

(139) Amendments incorporated in the principal Act.

(140) Amendments incorporated in the principal Act.
3636 Reprinted as at 29 May 2012 Income Tax Act 2007 (141) Amendments incorporated in the principal Act.

(142) Amendments incorporated in the principal Act.

(143) Amendments incorporated in the principal Act.

(144) Amendments incorporated in the principal Act.

(145) Amendments incorporated in the principal Act.

(146) Amendments incorporated in the principal Act.

(147) Amendments incorporated in the principal Act.

(148) Amendments incorporated in the principal Act.
(149) Amendments incorporated in the principal Act.

(150) Amendments incorporated in the principal Act.

(151) Amendments incorporated in the principal Act.

(152) Amendments incorporated in the principal Act.

(153) Amendments incorporated in the principal Act.

(154) Amendments incorporated in the principal Act.

(155) Amendments incorporated in the principal Act.

(156) Amendments incorporated in the principal Act.

(157) Amendments incorporated in the principal Act.
(158) Amendments incorporated in the principal Act.

(159) Amendments incorporated in the principal Act.

(160) Amendments incorporated in the principal Act.

(161) Amendments incorporated in the principal Act.

(162) Amendments incorporated in the principal Act.

(163) Amendments incorporated in the principal Act.

(164) Amendments incorporated in the principal Act.

(165) Amendments incorporated in the principal Act.

(166) Amendments incorporated in the principal Act.
(167) Amendments incorporated in the principal Act.

(168) Amendments incorporated in the principal Act.

(169) Amendments incorporated in the principal Act.

(170) Amendments incorporated in the principal Act.

(171) Amendments incorporated in the principal Act.

(172) Amendments incorporated in the principal Act.

(173) Amendments incorporated in the principal Act.

(174) Amendments incorporated in the principal Act.
3637 Income Tax Act 2007 Reprinted as at 29 May 2012 (175) Amendments incorporated in the principal Act.

(176) Amendments incorporated in the principal Act.

(177) Amendments incorporated in the principal Act.

(178) Amendments incorporated in the principal Act.

(179) Amendments incorporated in the principal Act.

(180) Amendments incorporated in the principal Act.

(181) Amendments incorporated in the principal Act.

(182) Amendments incorporated in the principal Act.
(183) Amendments incorporated in the principal Act.

(184) Amendments incorporated in the principal Act.

(185) Amendments incorporated in the principal Act.

(186) Amendments incorporated in the principal Act.

(187) Amendments incorporated in the principal Act.

(188) Amendments incorporated in the principal Act.

(189) Amendments incorporated in the principal Act.

(190) Amendments incorporated in the principal Act.

(191) Amendments incorporated in the principal Act.
(192) Amendments incorporated in the principal Act.

(193) Amendments incorporated in the principal Act.

(194) Amendments incorporated in the principal Act.

(195) Amendments incorporated in the principal Act.

(196) Amendments incorporated in the principal Act.

(197) Amendments incorporated in the principal Act.

(198) Amendments incorporated in the principal Act.

(199) Amendments incorporated in the principal Act.

(200) Amendments incorporated in the principal Act.
(201) Amendments incorporated in the principal Act.

(202) Amendments incorporated in the principal Act.

(203) Amendments incorporated in the principal Act.

(204) Amendments incorporated in the principal Act.

(205) Amendments incorporated in the principal Act.

(206) Amendments incorporated in the principal Act.

(207) Amendments incorporated in the principal Act.

(208) Amendments incorporated in the principal Act.
3638 Reprinted as at 29 May 2012 Income Tax Act 2007 (209) Amendments incorporated in the principal Act.

(210) Amendments incorporated in the principal Act.

(211) Amendments incorporated in the principal Act.

(212) Amendments incorporated in the principal Act.

(213) Amendments incorporated in the principal Act.

(214) Amendments incorporated in the principal Act.

(215) Amendments incorporated in the principal Act.

(216) Amendments incorporated in the principal Act.
(217) Amendments incorporated in the principal Act.

(218) Amendments incorporated in the principal Act.

(219) Amendments incorporated in the principal Act.

(220) Amendments incorporated in the principal Act.

(221) Amendments incorporated in the principal Act.

(222) Amendments incorporated in the principal Act.

(223) Amendments incorporated in the principal Act.
(224) Subsections (7) and (141) apply— (a) (b) (ii) (ii) for an insurer who uses IFRS 4,–– (i) for the 2009–10 and later income years, unless subparagraph (ii) applies: for the ﬁrst income year for which an insurer adopts IFRSs for the purposes of ﬁnancial report- ing and later income years, if that ﬁrst income year is before the 2009–10 income year and the person chooses to use IFRS 4 in a return of in- come for that ﬁrst year: for a life insurer,–– (i) on and after 1 July 2010, unless subparagraph (ii) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
(225) Subsections (5), (10), (29), (36), (42), (51), (54), (55), (57), (58), (59), (62), (68), (84), (88), (99), (109), (119), (130), (134), (144), (145), (146), (184), (187), (193), (195), (198), 3639 Income Tax Act 2007 Reprinted as at 29 May 2012 (199), (214), and (217) apply for the 2008–09 and later in- come years.
(226) Subsections (6), (12), (20), (27), (33), (35), (46), (56), (65), (67), (72), (87), (90), (112), (113), (120), (122), (124), (151), (152), (153), (161), (162), (163), (168), (169), (172), (178), (189), (190), (194), (201), (205), (207), (218), and (219) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.
(227) Subsections (2), (3), (4), (13), (15), (31), (44), (91), (100), (107), (115), (179), (180), and (196) apply, for the purposes of— (a) for the (b) (c) provisions other than the land provisions, 2010–11 and later income years: the land provisions other than section CB 11, for land acquired on or after the date on which this Act receives the Royal assent: section CB 11, for land on which improvements are be- gun on or after the date on which this Act receives the Royal assent.
(228) Subsections (50) and (52) apply for the 2008–09 and later in- come years.

However, subsections (50) and (52) do not apply to a person in relation to a tax position taken by the person— in the period from 1 April 2008 to 3 December 2008; (a) and in relation to the rate of tax applying to a schedular payment; and relying on the deﬁnition of employee or employer, as applicable, as the deﬁnition was before the amendment made by subsections (50) and (52).
(b) (c) (229) Subsections (8), (9), (11), (14), (16), (22), (23), (30), (34), (38), (40), (41), (43), (61), (70), (71), (74), (75), (77), (78), (79), (80), (89), (94), (96), (104), (117), (123), (128), (129), (182), (183), (185), (203), (208), (211), (212), (213), (215), 3640 Reprinted as at 29 May 2012 Income Tax Act 2007 and (216) apply for all income years beginning on or after 1 July 2009.

558 Meaning of income tax varied (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for all income years beginning on or after 1 July 2009.

563 Table, heading, and sections YB 1 to YB 20 replaced Amendments incorporated in the principal Act.
(1) Subsection (1) applies, for the purposes of— (2) (a) (b) (c) for the provisions other than the land provisions, 2010–11 and later income years: the land provisions other than section CB 11, for land acquired on or after the date on which this Act receives the Royal assent: section CB 11, for land on which improvements are be- gun on or after the date on which this Act receives the Royal assent.

568 Disregarding certain securities (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

571 Residence of natural persons (1) (2) (3) (4) (5) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsection (2) applies for the 2009–10 and later income years.

572 Country of residence of foreign companies (1) (2) Amendments incorporated in the principal Act.
Subsection (1) applies for the 2008–09 and later income years.

576 New section YZ 2 inserted (1) Amendments incorporated in the principal Act.

3641 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) Subsection (1) applies for the 2008–09 and later income years.

577 Schedule 1—Basic tax rates: income tax, ESCT, RSCT, (1) (2) (3) RWT, and attributed fringe beneﬁts Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.


Subsection (1) applies— (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in this Act in a return of income for the tax year corresponding to the ﬁrst relevant income year.

579 Schedule 4—Rates of tax for schedular payments Amendments incorporated in the principal Act.
(1) Amendments incorporated in the principal Act.

(2) Amendments incorporated in the principal Act.

(3) Amendments incorporated in the principal Act.

(4) Amendments incorporated in the principal Act.

(5) Amendments incorporated in the principal Act.

(6) Amendments incorporated in the principal Act.

(7) Subsections (3) to (7) apply for the 2008–09 and later income (8) years.

580 Schedule 5—Fringe beneﬁt values for motor vehicles Amendments incorporated in the principal Act.
(1) Subsection (1) applies for the 2008–09 and later income years.

(2) 581 Schedule 13—Depreciable land improvements (1) (2) (3) Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

3642 Reprinted as at 29 May 2012 Income Tax Act 2007 582 Schedule 20—Expenditure on farming, horticultural, (1) (2) (3) aquacultural, and forestry improvements Amendments incorporated in the principal Act.


Subsections (1) and (2) apply for the 2008–09 and later income years.

583 Schedule 21—Expenditure and activities related to (1) (2) (3) research and development Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.

585 Schedule 25—Foreign investment funds (1) (2) (3) Amendments incorporated in the principal Act.


Subsection (2) applies for the 2008–09 and later income years.

589 Schedule 32—Recipients of charitable or other public (1) (2) (3) beneﬁt gifts Amendments incorporated in the principal Act.

Amendments incorporated in the principal Act.

Subsections (1) and (2) apply for the 2008–09 and later income years.
3643 Income Tax Act 2007 Reprinted as at 29 May 2012 Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 Public Act Date of assent Commencement 2009 No 63 7 December 2009 see section 2 1 Title This Act is the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009.

(2) (5) 2 (1) (3) (4) Commencement This Act comes into force on the day after the date on which it receives the Royal assent, except as provided in this section.
Sections 102 and 118(20) come into force on the day that the New Zealand Superannuation and Retirement Income Amend- ment Act 2009 comes into force.

Section 164 is treated as coming into force on 1 April 1995.

Sections 149, 150, 151, 152, 153, 155, 157, 158, 160, 161, 162(2), (5), (6), (7), (8), and (9), and 163, and schedule 2, rows 1, and 3 to 13 are treated as coming into force on 1 April 2005.

Sections 146 and 162(3) are treated as coming into force on 1 July 2007.
Section 159 and schedule 2, row 2 are treated as coming into force on 1 October 2007.

Section 154 is treated as coming into force on 19 December 2007.

Section 162(4) is treated as coming into force on 25 February 2008.

Section 156 is treated as coming into force on 4 March 2008.
(9) (10) Sections 80(1), 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94, 95, 96, 97, 98, 99, 100, 101, 104(1), 105, 106, 107, 110, 111, 112, 113, 116, 117, 118(2), (3), (4), (6) (7) (8) 3644 Reprinted as at 29 May 2012 Income Tax Act 2007 (7), (8), (9), (10), (11), (12), (13), (14), (15), (16), (17), (24), (26), (27), (29), (31), (32), and (33), 121, 122(1), 123(1), 125, 126, 135, 139, and schedule 1, rows 2 to 17, 20, 22, 23, and 27 to 44 are treated as coming into force on 1 April 2008.
(11) Sections 19, 30, 43, and schedule 1, row 21 are treated as com- ing into force on 1 April 2009.

(12) Sections 23, 24, 25, 27, 28, and schedule 1, row 18 are treated as coming into force on 30 June 2009.

(13) Sections 147 and 165 are treated as coming into force on 1 July 2009.

(14) Sections 166 and 167 are treated as coming into force on 7 October 2009.

(15) Sections 74, 75, and 76 come into force on 7 January 2010.
(16) Sections 78(1), 114, 115, 118(21), and schedule 1, row 35 come into force on 1 February 2010.

(17) Sections 8, 9, 21, 22, 39, 46, 47, 48, 49, 50, 51, 52, 83, 103, 104(2), 108, 109, 118(5), (18), (22), (23), (25), and (36), 120, 122(2), (4), (5), and (6), 123(2) and (3), 124, 130, 131, 132, 133, and 134(1), (2), (3), (4), (5), (6), and (7), and schedule 1, rows 24 to 26 come into force on 1 April 2010.
(18) Sections 32, 33, 34, 35, 36, 37, 38, 118(6), (19), (28), and (34), and schedule 1, row 19 come into force on 1 July 2010.

(19) Sections 77, 78(2), (3), and (5), 118(35), 119, 122(3), and schedule 1, row 37 comes into force on 1 April 2011.

(20) Sections 73, 78(4) and (6), 79, 80(2), 81, 82, 118(30) and (40), and schedule 1, row 36 come into force on 1 April 2013.

Part 1 Amendments to Income Tax Act 2007 11 (1) (2) (3) Research or development Amendment(s) incorporated in the Act(s).


Subsections (1) and (2) apply for the 2008–09 and later income years.

3645 Income Tax Act 2007 Reprinted as at 29 May 2012 14 (1) (2) 15 (1) (2) 16 (1) (2) Cost of acquiring timber or right to take timber: other cases Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

Section DP 11 replaced Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.
Acquiring ﬁlm rights Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

17 Mining exploration expenditure or mining development expenditure on acquisition of asset Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

(1) (2) 18 Meaning of income from forestry (1) (2) Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.
Determination alternatives Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2009–10 and later income years.

Attributable CFC amount Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) to (3) apply for all income years beginning on or after 1 July 2009.

Net attributable CFC income or loss Amendment(s) incorporated in the Act(s).
Subsection (1) applies for all income years beginning on or after 1 July 2009.

19 (1) (2) 23 (1) (2) (3) (4) 24 (1) (2) 3646 Reprinted as at 29 May 2012 Income Tax Act 2007 25 (1) (2) 26 (1) (2) 27 (1) (2) 28 (1) (2) (3) (4) 29 (1) (2) 31 (1) (2) Adjustment of fraction for excessively debt funded CFC Amendment(s) incorporated in the Act(s).

Subsection (1) applies for all income years beginning on or after 1 July 2009.
Attributable CFC amount and net attributable CFC income or loss Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

Non-attributing active CFC: default test Amendment(s) incorporated in the Act(s).

Subsection (1) applies for all income years beginning on or after 1 July 2009.

Non-attributing active CFC: test based on accounting standard Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsections (1) to (3) apply for all income years beginning on or after 1 July 2009.

Exemption for Australian unit trusts with adequate turnover or distributions Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

Accounting proﬁts method Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.
However, subsection (1) does not apply to a person in relation to a tax position taken by the person in a return of income ﬁled before the date of Royal assent of this Act in relation to the calculation of an income interest in a FIF, relying on section EX 49(6) before the amendment made by this section.

3647 Income Tax Act 2007 Reprinted as at 29 May 2012 Policyholder base income: proﬁt participation policies Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Amendment(s) incorporated in the Act(s).


Subsections (1) to (4) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
Policyholder base allowable deductions: proﬁt participation policies Amendment(s) incorporated in the Act(s).

Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
Shareholder base income: proﬁt participation policies Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsections (1) to (3) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009in a return of income for the tax year corresponding to the ﬁrst relevant income year.
33 (1) (2) (3) (4) (5) 34 (1) (2) 36 (1) (2) (3) (4) 3648 Reprinted as at 29 May 2012 Income Tax Act 2007 37 (1) (2) Shareholder base allowable deductions: proﬁt participation policies Amendment(s) incorporated in the Act(s).
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.

38 Transitional adjustments: life risk (1) Amendment(s) incorporated in the Act(s).
(2) Amendment(s) incorporated in the Act(s).

(3) Amendment(s) incorporated in the Act(s).

(4) Amendment(s) incorporated in the Act(s).

(5) Amendment(s) incorporated in the Act(s).

(6) Amendment(s) incorporated in the Act(s).

(7) Amendment(s) incorporated in the Act(s).

(8) Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

(9) (10) Amendment(s) incorporated in the Act(s).

(11) Amendment(s) incorporated in the Act(s).


(12) Subsections (1) to (11) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
41 (1) (2) Attribution rule for income from personal services Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

3649 Income Tax Act 2007 Reprinted as at 29 May 2012 43 (1) (2) (3) (4) Beneﬁciary income Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) to (3) apply for income years corresponding to the 2009–10 and later tax years.

44 Who is a settlor?


(1) (2) Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.
However, subsection (1) does not apply to a person in relation to a tax position taken by the person— (a) (b) (c) in the period that starts on the ﬁrst day of the 2008–09 income year and ends on the date of Royal assent of this Act; and in relation to a payment to an employee share purchase agreement in consideration of a valid salary sacriﬁce made by the employee; and relying upon paragraph (a)(i) of the deﬁnition of settlor in the Income Tax Act 2004, that the term settlor in the trust rules, and in the deﬁnitions of corpus, foreign trust, and settlement, for a trust other than a unit trust, means a person who makes, or has made at any time, a disposition of property to or for the beneﬁt of the trust or on terms of the trust for less than market value.
Unlisted company choosing to become portfolio listed company Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

Tax losses Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


45 (1) (2) 54 (1) (2) (3) (4) (5) 3650 Reprinted as at 29 May 2012 Income Tax Act 2007 Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

(6) (7) (8) (9) (10) Subsections (1) to (9) apply for the 2008–09 and later income years.
55 (1) (2) (3) 56 (1) (2) (3) 57 (1) (2) (3) (4) 58 (1) (2) 59 (1) (2) (3) (4) Using tax losses in tax year Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) and (2) apply for the 2008–09 and later income years.

Using loss balances carried forward to tax year Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) and (2) apply for the 2008–09 and later income years.
Restrictions on companies’ loss balances carried forward Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) to (3) apply for the 2008–09 and later income years.

Restrictions on companies grouping tax losses Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

Restrictions relating to ring-fenced losses Amendment(s) incorporated in the Act(s).


Amendment(s) incorporated in the Act(s).

Subsections (1) to (3) apply for the 2008–09 and later income years.

3651 Income Tax Act 2007 Reprinted as at 29 May 2012 General treatment Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

New section IQ 1B inserted Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.
Ring-fencing cap on attributed CFC net losses Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) to (3) apply for the 2008–09 and later income years.

Ring-fencing cap on FIF net losses Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) and (2) apply for the 2008–09 and later income years.
Group companies using attributed CFC net losses Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) to (4) apply for the 2008–09 and later income years.

Pre-consolidation losses: general treatment Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.
60 (1) (2) 61 (1) (2) 62 (1) (2) (3) (4) 63 (1) (2) (3) 64 (1) (2) (3) (4) (5) 65 (1) (2) 66 When group membership lacking in loss period Amendment(s) incorporated in the Act(s).

(1) Amendment(s) incorporated in the Act(s).

(2) 3652 Reprinted as at 29 May 2012 Income Tax Act 2007 (3) Subsections (1) and (2) apply for the 2008–09 and later income years.

67 When group membership lacking in tax year of use (1) (2) (3) Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsections (1) and (2) apply for the 2008–09 and later income years.

68 (1) (2) (3) (4) 69 (1) (2) (3) (4) (5) (6) (7) 70 (1) (2) 71 (1) (2) 72 (1) General treatment of mining companies’ tax losses Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) to (3) apply for the 2008–09 and later income years.
Treatment of tax losses resulting from certain expenditure Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) to (6) apply for the 2008–09 and later income years.

Holding companies’ tax losses Amendment(s) incorporated in the Act(s).
Subsection (1) applies for the 2008–09 and later income years.

Petroleum miners’ tax losses Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

Life insurers’ policyholder net losses Amendment(s) incorporated in the Act(s).

3653 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) (3) 84 (1) (2) 85 (1) (2) 87 (1) (2) (3) 89 (1) (2) (3) 91 (1) (2) (3) Amendment(s) incorporated in the Act(s).
Subsections (1) and (2) apply for the 2008–09 and later income years.

Adjustments for calculation of family scheme income Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

Calculation of maximum permitted ratios Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

ICA debit for loss of shareholder continuity Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsections (1) and (2) apply for the 2008–09 and later income years.

FDPA debit for loss of shareholder continuity Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) and (2) apply for the 2008–09 and later income years.

BETA credit for loss of shareholder continuity Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsections (1) and (2) apply for the 2008–09 and later income years.

93 MACA debit for loss of shareholder continuity Amendment(s) incorporated in the Act(s).

(1) Amendment(s) incorporated in the Act(s).

(2) Subsections (1) and (2) apply for the 2008–09 and later income (3) years.
3654 Reprinted as at 29 May 2012 Income Tax Act 2007 95 (1) (2) (3) 97 (1) (2) (3) 99 (1) (2) (3) Consolidated ICA debit for loss of shareholder continuity Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) and (2) apply for the 2008–09 and later income years.

Consolidated FDPA debit for loss of shareholder continuity Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsections (1) and (2) apply for the 2008–09 and later income years.

Consolidated BETA credit for loss of shareholder continuity Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) and (2) apply for the 2008–09 and later income years.

101 Amounts treated as income tax (1) (2) Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.
104 Payment of extra pay with other PAYE income payments (1) (2) (3) (4) Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

Subsection (2) applies for the 2010–11 and later income years.

105 RWT rules and their application (1) (2) Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

106 Resident passive income (1) Amendment(s) incorporated in the Act(s).
3655 Income Tax Act 2007 Reprinted as at 29 May 2012 (2) Subsection (1) applies for the 2008–09 and later income years.

107 New section RE 10B inserted (1) (2) Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

110 When payment treated as non-resident passive income (1) (2) Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.
111 NRWT rules and their application (1) (2) Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

112 Obligation to withhold amounts of tax for non-resident (1) (2) (3) passive income Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Subsections (1) and (2) apply for the 2008–09 and later income years.

113 When amounts of tax not withheld or partly withheld (1) (2) Amendment(s) incorporated in the Act(s).
Subsection (1) applies for the 2008–09 and later income years.

117 Overpaid RWT or NRWT (1) (2) Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

118 Deﬁnitions (1) (2) (3) (4) (5) (6) This section amends section YA 1.

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


3656 Reprinted as at 29 May 2012 Income Tax Act 2007 Amendment(s) incorporated in the Act(s).

(7) Amendment(s) incorporated in the Act(s).

(8) (9) Amendment(s) incorporated in the Act(s).

(10) Amendment(s) incorporated in the Act(s).

(11) Amendment(s) incorporated in the Act(s).

(12) Amendment(s) incorporated in the Act(s).

(13) Amendment(s) incorporated in the Act(s).

(14) Amendment(s) incorporated in the Act(s).


(15) Amendment(s) incorporated in the Act(s).

(16) Amendment(s) incorporated in the Act(s).

(17) Amendment(s) incorporated in the Act(s).

(18) Amendment(s) incorporated in the Act(s).

(19) Amendment(s) incorporated in the Act(s).

(20) Amendment(s) incorporated in the Act(s).

(21) Amendment(s) incorporated in the Act(s).

(22) Amendment(s) incorporated in the Act(s).

(23) Amendment(s) incorporated in the Act(s).


(24) Amendment(s) incorporated in the Act(s).

(25) Amendment(s) incorporated in the Act(s).

(26) Amendment(s) incorporated in the Act(s).

(27) Amendment(s) incorporated in the Act(s).

(28) Amendment(s) incorporated in the Act(s).

(29) Amendment(s) incorporated in the Act(s).

(30) The deﬁnition of supplementary dividend holding company is omitted.

(31) Amendment(s) incorporated in the Act(s).

(32) Amendment(s) incorporated in the Act(s).


(33) Amendment(s) incorporated in the Act(s).

(34) Amendment(s) incorporated in the Act(s).

(35) The deﬁnition of year of payment is omitted.

(36) Amendment(s) incorporated in the Act(s).

(37) Subsections (2), (3), (4), (7), (8), (9), (10), (11), (12), (13), (14), (17), (27), (29), (31), (32), and (33) apply for the 2008–09 and later income years.
3657 Income Tax Act 2007 Reprinted as at 29 May 2012 (38) Subsections (5), (18), (22), (25), and (36) apply for the 2010–11 and later income years.
(39) Subsections (6), (19), (28), and (34) apply–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.

(40) Subsection (30) applies for the 2013–14 and later income years.
121 Transparency of nominees (1) (2) Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2008–09 and later income years.

122 Schedule 1—Basic tax rates: income tax, ESCT, RSCT, RWT, and attributed fringe beneﬁts Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

In schedule 1, part D, table 3, “0.33” is replaced by “0.30” in each place where it appears.

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsection (1) applies for the 2008–09 and later income years.

Subsections (2), (4), (5), and (6) apply for the 2010–11 and later income years.

Subsection (3) applies for the 2011–12 and later income years.

(1) (2) (3) (4) (5) (6) (7) (8) (9) 123 Schedule 2—Basic tax rates for PAYE income payments (1) (2) (3) (4) Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsection (1) applies for the 2008–09 and later income years.

3658 Reprinted as at 29 May 2012 Income Tax Act 2007 (5) Subsections (2) and (3) apply for the 2010–11 and later income years.

125 Schedule 51—Identiﬁed changes in legislation Amendment(s) incorporated in the Act(s).

(1) Amendment(s) incorporated in the Act(s).

(2) Subsections (1) and (2) apply for the 2008–09 and later income (3) years.
3659 Income Tax Act 2007 Reprinted as at 29 May 2012 Taxation (Annual Rates, Trans-Tasman Savings Portability, KiwiSaver, and Remedial Matters) Act 2010 Public Act Date of assent Commencement 2010 No 109 7 September 2010 see section 2 1 2 (1) (2) (3) (4) (5) (6) (7) (8) (9) Title This Act is the Taxation (Annual Rates, Trans-Tasman Savings Portability, KiwiSaver, and Remedial Matters) Act 2010.
Commencement This Act comes into force on the day on which it receives the Royal assent, except as provided in this section.

Section 195(2) is treated as coming into force on 24 May 1999.

Section 198 is treated as coming into force on 21 December 2004.

Section 192 is treated as coming into force on 1 January 2005.

Sections 199, 202, 207(1) and (3), 208, and 211(1) and (3) are treated as coming into force on 1 April 2005.

Sections 200, 201, and 207(2) are treated as coming into force on 1 April 2007.
Sections 66, 131, 134, 135, 170, 204, 205, and 206 are treated as coming into force on 1 October 2007.

Sections 197 and 203 are treated as coming into force on 19 December 2007.
Sections 5, 10, 11, 17, 25, 26, 27, 30, 31, 36, 37, 38, 42, 52, 53, 54, 55, 57, 58, 59, 60, 61, , 63, 64, 65, 75, 81, 82, 83, 84, 86, 87, 89, 90, 92, 95, 97, 98, 99, 100, 105,106, 107, 108, 112, 116, 117(2), (4), (5), (8), (10), (23), (28), and (33), 118, 119, 121(1), (2), and (4), 127, 128, 130(1) to (3), 136, 138, 145, 195(5), and 211(2) and (4) are treated as coming into force on 1 April 2008.

(10) Section 195(4) is treated as coming into force on 1 July 2008.
3660 Reprinted as at 29 May 2012 Income Tax Act 2007 (11) Section 56 is treated as coming into force on 26 September 2008.

(12) Sections 6(1), (2), (3), and (5)(b), 20, 21, 28(1) and (5)(b) and 117(9), (18), (22), and (24) are treated as coming into force on 1 January 2009.

(13) Section 117(12) is treated as coming into force on 1 April 2009.

(14) Sections 43, 44, 103, 104, 109, 110, and 149(1) are treated as coming into force on 30 June 2009.
(15) Sections 178, 179, and 180 are treated as coming into force on 7 October 2009.

(16) Section 14 is treated as coming into force on 31 December 2009.

(17) Sections 23, 32 to 35, 117(11) and (14), and 126(3) are treated as coming into force on 1 January 2010.

(18) Sections 101 and 102 are treated as coming into force on 1 March 2010.
(19) Sections 7, 8, 9, 19, 24, 67, 70, 72(3) and (4), 73, 74, 80, 91, 93, 113, 115, 117(13), (15), (19), (20), (21), (29), and (34), 120, 121(3), 122, 123, 124, 126(6), 129, 130(4) and (5), 137, and 186 are treated as coming into force on 1 April 2010.

(20) Sections 76, 77, 78, 79, and 117(6), (25), and (31) are treated as coming into force on 1 June 2010.
(21) Sections 6(4) and (5)(a), 18, 22, 28(2), (3), (4), and (5)(a), 29, 45, 46, 47, 48, 49, 50, 85, 117(7), (26), and (35), 189(3), and 191 are treated as coming into force on 1 July 2010.

(22) Sections 39 to 41 and 51 come into force on 26 September 2010.

(23) Sections 69, 71, 72(1) and (2), and 111 come into force on 1 October 2010.

(24) Sections 12, 16, 68, 88, 96, 114, 117(16), (27), (30), and (32), 132, 133, and 173 come into force on 1 April 2011.
(25) Sections 13, 94, 117(3) and (17), 176(1) and (3), 183, 184, 188, and 189(1), (2), (4), and (5) come into force on the ﬁrst day of the second month after the month in which the Gov- ernments of Australia and New Zealand exchange notes, as 3661 Income Tax Act 2007 Reprinted as at 29 May 2012 provided by clause 21 of the Arrangement between them on trans-Tasman retirement savings portability.
Part 2 Amendments to Income Tax Act 2007 Beneﬁts provided to employees who are shareholders or investors Amendment(s) incorporated in the Act(s).
Subsection (1)— (a) applies for the 2008–09 and later income years, except if paragraph (b) applies: does not apply for a person and an income year in rela- tion to a tax position taken for the income year by the person— (i) (b) in the period from 1 April 2008 to the date of the Royal assent of this Act; and in a return of income, an FBT return, or a GST return ﬁled before the date of the Royal assent of this Act; and relying upon section CX 17(4) as it was before the amendment made by subsection (1).
(ii) (iii) Apportionment on disposal of business assets that include trading stock Amendment(s) incorporated in the Act(s).
Subsection (1)— (a) applies for the 2008–09 and later income years, except if paragraph (b) applies: does not apply for a person and an income year in rela- tion to a tax position taken by the person— (i) (b) in a return of income ﬁled before 28 October 2009; and relating to an apportionment of an amount on a disposal of trading stock and other assets; and relying on section EB 24(1) as it was before the amendment made by subsection (1).
(ii) (iii) 17 (1) (2) 27 (1) (2) 3662 Reprinted as at 29 May 2012 Income Tax Act 2007 42 Meaning of controlled foreign company Amendment(s) incorporated in the Act(s).
(1) Subsection (1)— (2) (a) (b) applies for the 2008–09 and later income years, except if paragraph (b) applies: does not apply for a person in relation to a tax position taken by the person— (i) (ii) before 19 November 2009; and relying on the provision amended by this sec- tion as it was immediately before the amendment made by this section.

45 (1) (2) (3) (4) 46 (1) (2) Part-year tax calculations Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsections (1) to (3) apply–– (a) (b) on and after 1 July 2010, except if paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
Outstanding claims reserving amount: non-participation policies not annuities Amendment(s) incorporated in the Act(s).
Subsection (1) applies–– (a) (b) on and after 1 July 2010, except if paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
3663 47 (1) (2) 48 (1) (2) 49 (1) (2) Income Tax Act 2007 Reprinted as at 29 May 2012 Premium smoothing reserving amount: non-participation policies not annuities Amendment(s) incorporated in the Act(s).
Subsection (1) applies–– (a) (b) on and after 1 July 2010, except if paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
Unearned premium reserving amount: non-participation policies not annuities Amendment(s) incorporated in the Act(s).
Subsection (1) applies–– (a) (b) on and after 1 July 2010, except if paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
Capital guarantee reserving amount: non-participation policies not annuities Amendment(s) incorporated in the Act(s).
Subsection (1) applies–– (a) (b) on and after 1 July 2010, except if paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.

50 (1) Transitional adjustments: life risk Amendment(s) incorporated in the Act(s).
3664 Reprinted as at 29 May 2012 Income Tax Act 2007 Amendment(s) incorporated in the Act(s).

(2) Amendment(s) incorporated in the Act(s).

(3) Amendment(s) incorporated in the Act(s).

(4) Amendment(s) incorporated in the Act(s).

(5) Amendment(s) incorporated in the Act(s).

(6) Amendment(s) incorporated in the Act(s).

(7) Amendment(s) incorporated in the Act(s).

(8) (9) Amendment(s) incorporated in the Act(s).

(10) Amendment(s) incorporated in the Act(s).


(11) Amendment(s) incorporated in the Act(s).

(12) Amendment(s) incorporated in the Act(s).

(13) Amendment(s) incorporated in the Act(s).

(14) Amendment(s) incorporated in the Act(s).

(15) Amendment(s) incorporated in the Act(s).

(16) Amendment(s) incorporated in the Act(s).


(17) Subsections (1) to (15) apply–– (a) (b) on and after 1 July 2010, except if paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
54 (1) (2) Disposals of trading stock at below market value Amendment(s) incorporated in the Act(s).

Subsection (1)— (a) (b) applies for the 2008–09 and later income years, except if paragraph (b) applies: does not apply for a person and an income year in rela- tion to a tax position taken by the person— (i) in a return of income ﬁled before 28 October 2009; and relating to a disposal of trading stock; and relying on section GC 1 as it was before the re- placement made by subsection (1).
(ii) (iii) 3665 Income Tax Act 2007 Reprinted as at 29 May 2012 89 (1) (2) (3) (4) Limitation on deductions Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsections (2) and (3)— (a) (b) apply for the 2008–09 and later income years, except if paragraph (b) applies: do not apply for a person and an income year after the 2007–08 income year in relation to a tax position for the income year taken by the person— (i) (ii) before 19 November 2009; and relying on the provision amended by this sec- tion as it was immediately before the amendment made by this section.
117 Deﬁnitions (1) (2) (3) After the deﬁnition of Australian approved deposit fund, the This section amends section YA 1.

Amendment(s) incorporated in the Act(s).

following is inserted: “Australian complying superannuation scheme means an entity that is a complying superannuation fund for the purposes of Part 5, Division 2 of the Superannuation Industry (Supervi- sion) Act 1993 (Aust) and that is regulated by the Australian Prudential Regulation Authority”.

Amendment(s) incorporated in the Act(s).


(4) Amendment(s) incorporated in the Act(s).

(5) Amendment(s) incorporated in the Act(s).

(6) Amendment(s) incorporated in the Act(s).

(7) Amendment(s) incorporated in the Act(s).

(8) (9) Amendment(s) incorporated in the Act(s).

(10) Amendment(s) incorporated in the Act(s).

(11) Amendment(s) incorporated in the Act(s).

(12) Amendment(s) incorporated in the Act(s).

(13) Amendment(s) incorporated in the Act(s).

(14) Amendment(s) incorporated in the Act(s).


(15) Amendment(s) incorporated in the Act(s).

3666 Reprinted as at 29 May 2012 Income Tax Act 2007 (16) (17) In the deﬁnition of member, paragraph (b) is repealed.

In the deﬁnition of member credit contribution, after para- graph (a)(iii), the following is added: “(iv) a superannuation contribution that was trans- ferred from an Australian complying superannu- ation scheme and contributed to a KiwiSaver scheme:”.

(18) Amendment(s) incorporated in the Act(s).


(19) Amendment(s) incorporated in the Act(s).

(20) Amendment(s) incorporated in the Act(s).

(21) Amendment(s) incorporated in the Act(s).

(22) Amendment(s) incorporated in the Act(s).

(23) Amendment(s) incorporated in the Act(s).

(24) Amendment(s) incorporated in the Act(s).

(25) Amendment(s) incorporated in the Act(s).

(26) Amendment(s) incorporated in the Act(s).

(27) The deﬁnition of signiﬁcant ﬁnancial hardship is repealed.
(28) Amendment(s) incorporated in the Act(s).

(29) Amendment(s) incorporated in the Act(s).

(30) (31) Amendment(s) incorporated in the Act(s).

(32) The deﬁnition of withdrawal is repealed.

(33) Subsections (2), (5), (8), (23), and (28) apply for the 2008–09 In the deﬁnition of trust rules, paragraph (a) is repealed.

and later income years.

(34) Subsection (13) applies for the 2010–11 and later income years.
(35) Subsection (26) applies–– (a) (b) on and after 1 July 2010, except if paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
3667 Income Tax Act 2007 Reprinted as at 29 May 2012 121 Schedule 4––Rates of tax for schedular payments (1) (2) (3) (4) Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).

Amendment(s) incorporated in the Act(s).


Subsection (2) applies to a payment for work and services made in the 2008–09 and later income years, other than a pay- ment–– (a) for work or services performed before the day that this Act receives the Royal assent; and from which the payer is not obliged to withhold an amount of tax, ignoring subsection (2).
(b) 3668 Reprinted as at 29 May 2012 Income Tax Act 2007 Taxation (GST and Remedial Matters) Act 2010 Public Act Date of assent Commencement 2010 No 130 20 December 2010 see section 2 1 2 (1) (2) (3) (4) (5) (6) (7) (8) (9) Title This Act is the Taxation (GST and Remedial Matters) Act 2010.

Commencement This Act comes into force on the day after the date on which it receives the Royal assent, except as provided in this section.

Section 184 is treated as coming into force on 1 January 2005.
Sections 164, 165, 168, and 170 are treated as coming into force on 1 April 2005.

Section 169 is treated as coming into force on 1 April 2006.

Sections 166 and 167 are treated as coming into force on 1 Oc- tober 2007.

Section 12 is treated as coming into force on 30 November 2007.
Sections 28, 30, 37(1), 38, 41, 51, 52, 65, 66, 82, 83, 106, 108, 113, 117, 118, 119, 125, 126(1) and (3), 127, 128, 132(30), (32), and (46), 133, 141, 146(2), (4), (5), and (9), 147, 156, 160, and 188 are treated as coming into force on 1 April 2008.

Section 114 is treated as coming into force on 1 October 2008.

Sections 132(39) and 146(1), (6), and (8) are treated as coming into force on 1 April 2009.

(10) Sections 132(31) and 151 are treated as coming into force on 6 October 2009.
(11) Sections 43, 44, 57, 72, 75, 85, 86, 87, 88, 89, 90, 91, 92, 94, 97, 98, 99, 100, 105, 110, 130(2), 132(3), (13), and (22), and 146(3) and (7) are treated as coming into force on 1 April 2010.

(12) Sections 49 and 50 are treated as coming into force on 20 May 2010.

3669 Income Tax Act 2007 Reprinted as at 29 May 2012 (13) Sections 10(2), 11, 27, 47, 48, 58, 59, 132(35), and 180 are treated as coming into force on 1 July 2010.

(14) Sections 145, 182, and 183 come into force on 1 August 2010.
(15) Section 34 comes into force on 5 August 2010.

(16) Section 23 comes into force on 7 September 2010.

(17) Sections 22, 35, 42, 56(1) and (3), 116, 120 to 124, 131, and 157 come into force on 1 October 2010.

(18) Section 186 comes into force on 31 October 2010.

(19) Section 138 comes into force on 1 November 2010.
(20) Sections 4, 5, 6, 7, 8, 9, 10(1), (3), and (4), 14, 15, 16, 19, 21, 26, 31, 37(2) and (3), 39, 40, 46, 54, 56(2), (4), and (5), 62, 63, 67, 68, 69, 70, 73, 74, 76, 77, 78, 79, 81, 96(1), 104, 111, 112, 126(2) and (4), 132(2), (4), (5), (6), (7), (8), (9), (11), (12), (14), (15), (16), (19), (21), (23), (24), (25), (26), (27), (28), (33), (34), (36), (37), (38), (40), (41), (42), (44), (45), (47), (48), and (50), 135, 136, 137, 139(1)(b), (c), and (d), 140, 144, 149, 152, 154, 155, 158, 162, and 172 come into force on 1 April 2011.
(21) Section 96(2) comes into force on 1 April 2013.

(22) Section 115 comes into force on the ﬁrst day of the second month after the month in which the Governments of Australia and New Zealand exchange notes, as provided by clause 21 of the Arrangement between them on trans-Tasman retirement savings portability.

Part 2 Amendments to Income Tax Act 2007 Outstanding claims reserving amount: non-participation policies not annuities Amendment(s) incorporated in the Act(s).
Subsection (1) applies–– (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 58 (1) (2) 3670 Reprinted as at 29 May 2012 Income Tax Act 2007 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
Transitional adjustments: life risk 59 (1)–(3) Amendment(s) incorporated in the Act(s).

Subsections (1), (2), and (3) apply–– (4) (a) (b) on and after 1 July 2010, unless paragraph (b) applies: for an income year that includes 1 July 2010 and later income years, if the life insurer chooses to apply the new life insurance rules in the Taxation (International Tax- ation, Life Insurance, and Remedial Matters) Act 2009 in a return of income for the tax year corresponding to the ﬁrst relevant income year.
84 (1) (2) 95 (1) (2) New section HL 19B inserted Amendment(s) incorporated in the Act(s).
Subsection (1) does not apply to a portfolio tax rate entity in relation to a tax position taken by the entity— (a) in the period from 1 April 2008 to the date of Royal assent of this Act; and in relation to the attribution of income to investors in the entity and the determination of net amounts in section HL 19; and relying on the rules related to portfolio investment en- tities as they were before the amendment made by sub- section (1).
(b) (c) New section HM 35B inserted Amendment(s) incorporated in the Act(s).

Subsection (1) applies for the 2010–11 and later income years.
However, subsection (1) does not apply to a multi-rate PIE in relation to a tax position taken by the PIE— (a) in the period from 1 April 2010 to the date of Royal assent of this Act; and in relation to the attribution of income to investors in the PIE and the determination of net amounts in section HM 35; and (b) 3671 Income Tax Act 2007 Reprinted as at 29 May 2012 (c) relying on the PIE rules as they were before the amend- ment made by subsection (1).
115 Treatment of tax credits on permanent emigration other (1) (2) than to Australia In the heading to section MK 8(1), “other than to Australia” is omitted.

In section MK 8(1), “to a place other than Australia” is omit- ted.
3672 Reprinted as at 29 May 2012 Income Tax Act 2007 Taxation (Tax Administration and Remedial Matters) Act 2011 Public Act Date of assent Commencement 2011 No 63 29 August 2011 see section 2 1 2 (1) (2) (3) (4) (5) (6) (7) (8) (9) Title This Act is the Taxation (Tax Administration and Remedial Matters) Act 2011.

Commencement This Act comes into force on the date on which it receives the Royal assent, except as provided in this section.
Sections 219 and 222 are treated as coming into force on 1 April 1995.

Sections 220 and 221 are treated as coming into force on 1 April 1997.

Sections 192, 193, 194, 195, 196, 197, 198, 201, 206, 207, and 208 are treated as coming into force on 1 April 2005.

Sections 199, 200, and 202 are treated as coming into force on 1 April 2007.

Sections 203, 204, and 205 are treated as coming into force on 1 October 2007.
Sections 4, 7, 12, 13, 17, 18, 19, 20, 22, 31, 32, 33, 34, 35, 40, 41, 45(1), (3), (4), and (6), 46, 48, 49, 50, 91, 92(1) and (3), 93, 94(1), (3), (7), (8), and (10), 96(1), (3), (4), and (5), 97(1), (2), (3), (6), and (8), 98, 99, 100, 101, 102, 103, 104, 108, 112, 113, 114, 115, 116, 117, 118, 119, 120, 121, 122, 124, 130(3), (5), (10), (15), (16), and (19), 131, 133, 135, 140, 161, and 210 are treated as coming into force on 1 April 2008.
Section 130(14) is treated as coming into force on 1 January 2009.

Sections 21(1) and (3), 37(1), (3), and (5), 39, 42, 44(1) and (3), 94(4), (5), (6), (9), and (11), 95, 96(2) and (6), 97(5), (7), and (9), and 130(6), (8), and (17) come into force on 30 June 2009.

3673 Income Tax Act 2007 Reprinted as at 29 May 2012 (10) Sections 109 and 110 come into force on 5 January 2010.
(11) Sections 53, 54(1) and (5), 59(1) and (2), 65, 80(1), (3), (4), and (5), 106(1) and (3), and 130(9) and (18) are treated as coming into force on 1 April 2010.

(12) Section 237 comes into force on 1 July 2010.

(13) Sections 5, 11, 23, 24, 25, 26, 27, 43, and 188 are treated as coming into force on 4 September 2010.

(14) Sections 47, 130(2), and 160 are treated as coming into force on 30 September 2010.

(15) Section 136(8) is treated as coming into force on 1 October 2010.
(16) Section 45(2) and (5) are treated as coming into force on the day of introduction for the Taxation (Tax Administration and Remedial Matters) Bill.

(17) Sections 28, 29, 30, 88, 89, 107, 134, 136(1), (2), (3), (6), (7), and (9), 139, 209, 235(1)(b) and (c), (2), and (3), 236, 238, 239, 240, 241, 243, 244(2) and (3) are treated as coming into force on 1 April 2011.

(18) Section 132 is treated as coming into force on 1 May 2011.
(19) Sections 92(2), 94(2) and (12), and 97(4) and (10) come into force on 1 July 2011.

(20) Section 245 comes into force on 1 October 2011.

(21) Sections 9(3) and (5), 71, 81, 106(2) and (4), 123, 130(13) and (20), 136(4) and (5), and 138 come into force on 1 April 2012.

(22) Sections 21(2) and (4), 37(2), (4), and (6), and 44(2) and (4) come into force on 30 June 2013. Dividend within New Zealand wholly-owned group 8 (1)–(2) Amendment(s) incorporated in the Act(s).
Subsections (1) and (2) apply to— (3) (a) dividends derived by a company, other than a Maori authority, on or after the ﬁrst day of the company’s 2010–11 income year; or dividends derived by a Maori authority on or after the ﬁrst day of the Maori authority’s 2012–13 income year.

(b) 3674 Reprinted as at 29 May 2012 Income Tax Act 2007 13 (1) (2) 39 (1) (2) New section DB 3B Amendment(s) incorporated in the Act(s).
Subsection (1) applies— (a) (b) for the 2010–11 and later income years; and for the 2009–10 income year,— (i) (ii) for a person who has not furnished a return of in- come for the income year on or before 24 Novem- ber 2010; or for a person who has furnished a return of income on or before 24 November 2010, only in relation to an amount of interest imposed under Part 7 of the Tax Administration Act 1994 that the person has treated as a deduction in the return or in a notice of proposed adjustment issued before that date: (c) for the 2008–09 income year, only in relation to an amount of interest imposed under Part 7 of the Tax Ad- ministration Act 1994 that the person has treated as a deduction— (i) in a return of income that they have furnished on or before 24 November 2010: in a notice of proposed adjustment that is issued on or before 24 November 2010.
(ii) Limits on choice of calculation methods Amendment(s) incorporated in the Act(s).
Subsection (1)— (a) (b) applies for income years beginning on or after 1 July 2009, except if paragraph (b) applies: does not apply for a person and an income year in rela- tion to a tax position taken by the person— (i) in a return of income ﬁled before the date of Royal assent to the Taxation (Tax Administration and Remedial Matters) Act 2011; and relating to the calculation of FIF income or loss from shares; and relying on section EX 46(10)(a) as it was before the replacement made by subsection (1).
(ii) (iii) 3675 Income Tax Act 2007 Reprinted as at 29 May 2012 Apportionment of interest by excess debt entity 45 (1)–(4) Amendment(s) incorporated in the Act(s).
(5) Subsection (2) does not apply to a person and an income year in relation to a tax position taken by the person— (a) in a return of income ﬁled before the date on which the Taxation (Tax Administration and Remedial Matters) Bill is reported to the House of Representatives by the select committee considering the bill; and relating to the apportionment of interest expenditure; and relying on section FE 6(3)(ac) as it was before the re- placement made by subsection (2).
(b) (c) (6) Subsection (3) applies for the 2008–09 and later income years.

Further eligibility requirements relating to investments 49 (1) After section HL 10(2)(b)(vii), the following is added: “(viii) an amount of income under section CW 4 (An- nuities under life insurance policies) or CX 40 (Superannuation fund deriving amount from life insurance policy).” (2) Subsection (1) applies for the 2008–09 and later income years.
50 Portfolio entity tax liability and tax credits of portfolio tax rate entity for period (1) After section HL 21(12), the following is added: “Determining investors’ prescribed investor rate “(13) For the purposes of determining the item rate in subsection (9), the taxable income of the investor does not include an amount that— “(a) arises because their portfolio investor rate is lower than their prescribed investor rate; and is treated as taxable income because section CX 56 (Portfolio investor allocated income and distributions of income by portfolio investment entities) does not apply.” “(b) In section HL 21, in the list of deﬁned terms, “prescribed in- vestor rate” and “taxable income” are inserted.
Subsection (1) applies for the 2008–09 and later income years.

(2) (3) 3676 Reprinted as at 29 May 2012 Income Tax Act 2007 Ring-fencing cap on attributed CFC net losses 94 (1)–(2) Amendment(s) incorporated in the Act(s).
(3) Section IQ 2(1), other than its heading, is replaced by the fol- lowing: “(1) The total amount of attributed CFC net loss and FIF net loss, relating to a CFC or FIF that is resident in the jurisdiction when the loss arises, that is subtracted from the person’s net income for the tax year is— “(a) the total amount of attributed CFC income and FIF in- come calculated under the branch equivalent method that the person derives in the tax year in relation to a CFC or FIF that is resident in the jurisdiction, if that amount is less than or equal to the amount referred to in paragraph (b); or the total amount of such attributed CFC net loss and FIF net loss that— “(i) “(ii) the person carries forward to the tax year: is made available in the tax year to the person by another company in the same group.” “(b) (4)–(9) Amendment(s) incorporated in the Act(s).
(10) Subsections (1), (3), and (7) apply for the 2008–09 and later income years.

(11)–(12) Amendment(s) incorporated in the Act(s).


“(1) 96 (1) Ring-fencing cap on FIF net losses Section IQ 3(1), other than the heading, is replaced by the following: If a person’s FIF net loss is carried forward to a tax year or FIF net loss is made available to the person in the tax year, the FIF net loss may be subtracted, under section IQ 2, from the person’s net income for the tax year.” (2)–(4) Amendment(s) incorporated in the Act(s).
(5) Subsections (1), (3), and (4) apply for the 2008–09 and later income years.

Amendment(s) incorporated in the Act(s).

(6) 130 Deﬁnitions (1)–(12) Amendment(s) incorporated in the Act(s).

3677 Income Tax Act 2007 Reprinted as at 29 May 2012 (14)–(15) Amendment(s) incorporated in the Act(s).
(16) Subsection (5) does not apply in relation to a tax position taken by a person— (a) in the period from 1 April 2008 to 30 November 2010; and in relation to the payment of fringe beneﬁt tax; and relying on section RD 3(2) to (4) in the absence of the amendment made by subsection (5).

(b) (c) (17)–(19) Amendment(s) incorporated in the Act(s).
3678 Reprinted as at 29 May 2012 Income Tax Act 2007 Notes Contents 1 2 3 General About this eprint List of amendments incorporated in this eprint (most recent ﬁrst) Notes 1 2 3 General This is an eprint of the Income Tax Act 2007.

The eprint incorporates all the amendments to the Act as at 29 May 2012.

The list of amendments at the end of these notes speciﬁes all the amendments incorporated into this eprint since 3 September 2007.
Relevant provisions of any amending enactments that contain transitional, savings, or application provisions that cannot be compiled in the eprint are also included, after the principal enactment, in chronological order.

eprint has not been ofﬁcialised.

About this eprint This For more information about eprints and ofﬁcialisation, please see http://www.pco.parliament.govt.nz/eprints/.
List of amendments incorporated in this eprint (most recent ﬁrst) Taxation (Budget Measures) Act 2012 (2012 No 38): sections 4, 5 6, 7 Taxation (International Investment and Remedial Matters) Act 2012 (2012 No 34): sections 4–16, 18, 19(1)–(11), 20–29, 31–37, 39(1)–(6), 40–46, 48, 49(1)–(5), 50, 51(1)–(7), 52, 53(1)–(8), 54, 55(1)–(5), 56–69, 71–74, 76, 77(1)–(10), 78–80, 81(1), (3), 82(1), (3), (5), 83(1), (3), (5), 84(1), (3), (5), 85(1), (3), (4), 87(1), (3), (5), (6), (8), 89(2), (4), (7), 90, 93–99, 102, 104, 106, 108, 111–115, 117, 119, 121, 126–131, 132(2)–(37), 135–138 Income Tax (Minimum Family Tax Credit) Order 2011 (SR 2011/404): clause 3 Income Tax (Family Tax Credit) Order 2011 (SR 2011/403): clause 3 Local Government Borrowing Act 2011 (2011 No 77): section 14 Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63): sections 4–5, 7, 9(3), (5), 11–13, 17–20, 21(1), (3), 22–35, 37(1), (3), (5), 39–43, 44(1), (3), 45(1), (3), (4), (6), 46–50, 53, 54(1), (5), 59(1)–(2), 65, 71, 80(1), (3), (4)–(5), 81, 88–89, 91, 92(1)-(3), 93, 94(1)–(12), 95, 96(1)–(6), 3679 Notes Income Tax Act 2007 Reprinted as at 29 May 2012 97(1)–(10), 98–104, 106(1)–(4), 107–110, 112–124, 130(2)–(3), (5)–(6), (8)–(10), (13)–(20), 131–135, 136(1)–(9), 138–140 Student Loan Scheme Act 2011 (2011 No 62): section 223 Taxation (Canterbury Earthquake Measures) Act 2011 (2011 No 24): sections 4, 5, 7–9, 11(2) Taxation (Annual Rates and Budget Measures) Act 2011 (2011 No 23): sections 6, 7, 8–14 Financial Reporting Amendment Act 2011 (2011 No 22): section 12 Land Transport (Road Safety and Other Matters) Amendment Act 2011 (2011 No 13): section 100(3) Kiwisaver Amendment Act 2011 (2011 No 8): section 56 Financial Markets Authority Act 2011 (2011 No 5): sections 82, 85(1) Research, Science, and Technology Act 2010 (2010 No 131): section 18 Taxation (GST and Remedial Matters) Act 2010 (2010 No 130): sections 26–95, 96(1),97–114,116–141, 189 Governor-General Act 2010 (2010 No 122): sections 22–25 Taxation (Annual Rates,
 Trans-Tasman Savings Portability, KiwiSaver, and Remedial Matters) Act 2010 (2010 No 109): sections 5–12, 14–93, 95–116, 117(2), (4)–(16), (18)–(35), 118–124 Taxation (Deﬁnitions of Dependent Child) Act 2010 (2010 No 104): section 7 Local Government (Auckland Transitional Provisions) Act 2010 (2010 No 37): section 113(1) Taxation (Budget Measures) Act 2010 (2010 No 27): sections 4–40 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 75, 76, 77, 78, 79, 80, 81–94, 96(2)–(5), (7)–(9), 97–99 Accident Compensation Amendment Act 2010 (2010 No 1): section 49 Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 (2009 No 63): sections 4–72, 74–77, 78(1)–(3), (5), 80(1), 83–117, 118(2)–(20), (22)-(29), (31)–(36), 119–121, 122, 123–126 Income Tax (Minimum Family Tax Credit) Order 2009 (SR 2009/367): clause 3 Immigration Act 2009 (2009 No 51): section 406(1) Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34): sections 4–594 Taxation (Business Tax Measures) Act 2009 (2009 No 5): sections 4–22, 29– 31 Taxation (Urgent Measures and Annual Rates) Act 2008 (2008 No 105): sections 5–14, 19, 20, 21, 22, 29(1), 31 33, 34, 35, 36, 37, 52–57 Income Tax (Minimum Family Tax Credit) Order 2008 (SR 2008/384): clause 3 Climate Change Response (Emissions Trading) Amendment Act 2008 (2008 No 85): sections 68–76 Taxation (Personal Tax Cuts, Annual Rates, and Remedial Matters) Act 2008 (2008 No 36): sections 5–8, 13–16, 20–52 Taxation (Limited Partnerships) Act 2008 (2008 No 2): sections 4–26 Taxation (KiwiSaver) Act 2007 (2007 No 110): sections 123–137 3680 Reprinted as at 29 May 2012 Income Tax Act 2007 Notes Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109): sections 307–562 3681