Section OK 7 — Income Tax Act 2007: MACA dividend derived with FDP credit

OK 7 MACA dividend derived with FDP credit Credit (1) A Maori authority has a Maori authority credit for the amount of an FDP credit attached to a dividend derived by the Maori authority when it is not an FDPA company. Table reference (2) The Maori authority credit in subsection (1) is referred to in table O17: Maori authority credits, row 7 (dividend derived with FDP credit). Credit date (3) The credit date is the day the dividend is paid. Defined in this Act: amount , dividend , FDP credit , FDPA company , Maori authority , Maori authority credit , pay , Compare: 2004 No 35 s MK 4(1)(f), (2)(c)