Section DB 17 — Income Tax Act 2007: Replacement payments and imputation credits under share-lending arrangements

DB 17 Replacement payments and imputation credits under share-lending arrangements A person is allowed a deduction for— (a) the amount of expenditure incurred as a replacement payment under a share-lending arrangement: (b) the amount of imputation credit attached under sections OB 64 (Replacement payments) and RE 25 (When amount of tax treated as imputation credit) to the replacement payment. Defined in this Act: amount , deduction , imputation credit , pay , replacement payment , share-lending arrangement , Compare: 2004 No 35 s DB 12C Section DB 17 list of defined terms portfolio investment-linked life fund : repealed (with effect on 1 April 2008), on 29 August 2011 (applying for the 2008–09 and later income years), by section 140(1) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).