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StatuteIncome Tax Act 2007

Section CX 43 — Income Tax Act 2007: Farm-out arrangements for petroleum mining

Text of the provision Official document

CX 43 Farm-out arrangements for petroleum mining Farm-in expenditure under a farm-out arrangement is excluded income of a petroleum miner who is the farm-out party in the farm-out arrangement. Defined in this Act: excluded income , farm-in expenditure , farm-out arrangement , farm-out party , petroleum miner , Compare: 2004 No 35 s CX 37

Official source: legislation.govt.nz

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