Section OK 18 — Income Tax Act 2007: MACA final balance

OK 18 MACA final balance Debit (1) A Maori authority has a Maori authority debit for a credit balance in the Maori authority credit account when the Maori authority stops being a Maori authority. Table reference (2) The Maori authority debit in subsection (1) is referred to in table O18: Maori authority debits, row 10 (final balance). Debit date (3) The debit date is day the Maori authority stops being a Maori authority. Defined in this Act: Maori authority , Maori authority credit account , Maori authority debit , Compare: 2004 No 35 s MK 5(1)(i), (2)(h)