Section CZ 4 — Income Tax Act 2007: Mineral mining: company making loan before 1 April 1979

CZ 4 Mineral mining: company making loan before 1 April 1979 When this section applies (1) This section applies when sections CU 17 to CU 19 (which relate to the repayment by a mining company of an amount written off) would have applied to a loan by a company to another company made on or before 31 March 1979 if the Income Tax Amendment Act 1979 had not been enacted. Application of sections CU 17 to CU 19 (2) The sections apply, as far as applicable, to such a loan as if section 45 of the Income Tax Amendment Act 1979 were the only provision of it that had been enacted. Defined in this Act: company , mineral , Compare: 2004 No 35 s CZ 4