Section RH 4 — Income Tax Act 2007: Retirement scheme contributors

RH 4 Retirement scheme contributors An entity is a retirement scheme contributor for a person for an income year if— (a) the entity is— (i) the trustee of a widely-held trust that is a unit trust: (ii) a company other than a close company: (iii) a Maori authority; and (b) the person is a unit holder, shareholder, or member of the entity: (c) in or before the income year, the entity makes a payment intended to be a retirement scheme contribution for the person. Defined in this Act: close company , company , income year , Maori authority , pay , retirement savings scheme , retirement scheme contribution , retirement scheme contributor , shareholder , trustee , unit holder , unit trust , widely-held trust Compare: 2004 No 35 s NEB 6 Section RH 4: inserted, on 1 April 2008, by section 545 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).