Section EX 28 — Income Tax Act 2007: Meaning of FIF

EX 28 Meaning of FIF A foreign investment fund , or FIF , is any of the following (a) a foreign company: (b) a foreign superannuation scheme: (c) an insurer under a life insurance policy, but not if the policy is offered or entered into in New Zealand (in which case the insurer must comply with the life insurance rules in relation to the policy): (d) an entity described in schedule 25, part A (Foreign investment funds). Defined in this Act: FIF , foreign company , foreign investment fund , foreign superannuation scheme , life insurance policy , life insurance rules , offered or entered into in New Zealand , Compare: 2004 No 35 s EX 29