Section EH 71 — Income Tax Act 2007: Refund on request

EH 71 Refund on request When this section applies (1) This section applies when a person wants a refund of some or all of the amount in the person’s thinning operations income equalisation account, and neither section EH 73 nor EH 75 applies. Refund (2) The Commissioner must refund to the person the amount applied for, to the extent to which it can be made up of 1 or more deposits that have been in the person’s thinning operations income equalisation account for at least 1 year before the date the deposit ends. Defined in this Act: amount , Commissioner , date the deposit ends , deposit , person , thinning operations income equalisation account , year , Compare: 2004 No 35 s EH 73