Plain language law

New Zealand law explained for everyone

 Plain Language Law homepage
Back to
CS 9: Exclusion of withdrawal from defined benefit fund when member ends employment
or “This rule about leaving your job and getting money from a special savings account no longer applies”
You could also call this:

“This rule about when employment doesn't end has been removed from the law”

This section of the Income Tax Act 2007 has been removed. It used to explain when a member would be treated as not ending their employment, but it no longer applies. The government took this part out of the law on 1 April 2011. If you need to know about this topic, you might need to look at other parts of the law or ask someone who knows about taxes.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

Next up: CS 10B: Exclusion of permitted withdrawals from KiwiSaver schemes and complying superannuation funds

or “KiwiSaver and superannuation withdrawals: old rules no longer apply”
Next

Part C Income
Superannuation funds

CS 10When member treated as not ending employment (Repealed)

    Notes
    • Section CS 10: repealed, on , by section 12 of the Taxation (Annual Rates, Trans-Tasman Savings Portability, KiwiSaver, and Remedial Matters) Act 2010 (2010 No 109).