Statute
Section CZ 16 — Income Tax Act 2007: Interest payable to exiting company: 2001
Text of the provision Official document
CZ 16 Interest payable to exiting company: 2001 Interest payable under schedule 4, clause 12 of the Dairy Industry Restructuring Act 2001 to an exiting company, as defined in section 5 of the Act, as a result of a buy-out of the company’s interests in the New Zealand Dairy Board is exempt income. Defined in this Act: exempt income , interest , pay , Compare: 2004 No 35 s CZ 16
Official source: legislation.govt.nz
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