Section FB 11 — Income Tax Act 2007: Pension payments to former employees

FB 11 Pension payments to former employees When this section applies (1) This section applies for the purposes of section DC 2 (Pension payments to former employees) when a person is entitled to the payment of a pension from a former employer, and because of a settlement of relationship property, the employer pays some or all of the amount of the pension to another person. Deduction for employer (2) Section DC 2(1) and (2) applies to the amount paid as if it were the payment of a pension to the former employee. Defined in this Act: amount , deduction , employee , employer , pay , settlement of relationship property , Compare: 2004 No 35 s FF 17(1)