Section CW 24 — Income Tax Act 2007: Deferred military pay for active service

CW 24 Deferred military pay for active service Exempt income (1) Deferred military pay that is granted or paid under the Defence Act 1990 to a person for service in the New Zealand armed forces in an active service area is exempt income. Some definitions (2) In this section,— active service area means an area outside New Zealand that is designated as an active service area by the Minister of Defence, with the agreement of the Minister of Finance deferred military pay means pay declared to be deferred by the Minister of Defence, with the agreement of the Minister of Finance. Defined in this Act: active service area , deferred military pay , exempt income , New Zealand , pay , Compare: 2004 No 35 s CW 20