CU 13: Application of sections to non-resident mining operators
You could also call this:
“This section about non-resident mining operators no longer applies”
This section of the law is no longer in effect. It used to talk about how certain parts of the law applied to mining operators who weren’t living in New Zealand. However, on 1 April 2014, the government removed this section from the law. This means it doesn’t apply anymore, and you don’t need to worry about what it used to say.
CU 14: Recovery of reinvestment profit on disposal of mining shares, or
“Old rule for getting money back when selling mining shares no longer applies”
Part C
Income
Income from mineral mining:
Definitions
CU 13Application of sections to non-resident mining operators (Repealed)
Notes
Section CU 13: repealed, on (applying for the 2014–15 and later income years), by section 14(1) of the Taxation (Annual Rates, Foreign Superannuation, and Remedial Matters) Act 2014 (2014 No 4).
