Section RH 1 — Income Tax Act 2007: RSCT rules and their application

RH 1 RSCT rules and their application Meaning (1) The RSCT rules means— (a) this subpart; and (b) section BE 1(5B) (Withholding liabilities); and (c) section CX 50B (Contributions to retirement savings schemes); and (d) section LB 6 (Tax credits for RSCT); and (e) section LE 7B (Credit of RSCT for imputation credit); and (f) section LO 2B (Credit of RSCT for Maori authority credit); and (g) section MB 1(5B) (Adjustments for calculation of family scheme income); and (h) section MB 6 (Treatment of distributions from retirement savings schemes); and (i) schedule 1, part D, clause 7 ; and (j) sections 28C and 48B and Part 9 of the Tax Administration Act 1994. Application (2) The RSCT rules apply to a retirement scheme contributor who makes a retirement scheme contribution. Defined in this Act: retirement scheme contribution , retirement scheme contributor , RSCT rules Compare: 2004 No 35 s OB 1 “ RSCWT rules ” Section RH 1: inserted, on 1 April 2008, by section 545 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).