Section DD 11 — Income Tax Act 2007: Some definitions

DD 11 Some definitions In this subpart,— business includes any recurring income-earning activity business contacts — (a) includes, for a person,— (i) their clients, customers, shareholders, other financiers, and suppliers: (ii) the clients, customers, shareholders, other financiers, and suppliers of an associated person: (b) if the person is in partnership, does not include other partners in the partnership business premises — (a) means the normal business premises or a temporary workplace of the person (or an associate): (b) does not include premises or a workplace established mainly for the purpose of enjoying entertainment. Defined in this Act: associated person , business , business contacts , business premises , shareholder , Compare: 2004 No 35 s DD 11