Section CE 11 — Income Tax Act 2007: Proceeds from claims under policies of income protection insurance

CE 11 Proceeds from claims under policies of income protection insurance When this section applies (1) This section applies when an employer is liable to pay, or contribute to the payment of, a premium under a policy of income protection insurance for the benefit of a person who is their employee. Income (2) An amount that is or would be derived under the policy is income of the person. Defined in this Act: amount , employee , employer , income , pay Compare: 2004 No 35 s CE 11