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Income Tax Act 2007

Income - Excluded income - Definitions

CX 54: Share-lending collateral under share-lending arrangements

You could also call this:

“Rules for tax-free collateral in share-lending deals”

If you receive something called share-lending collateral as part of a share-lending arrangement, you don’t have to count it as income. This means you won’t have to pay tax on it. Share-lending collateral is a type of security that’s used in these arrangements. The government has decided that this particular type of income should be excluded from your taxable income.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1513472.

Topics:
Money and consumer rights > Taxes
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CX 53: Credits for inflation-indexed instruments, or

“Adjustments to loan amounts due to changes in New Zealand's inflation”

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CX 54B: Transfers of emissions units under certain excepted financial arrangements, or

“Emissions unit transfers: Tax-free income from certain financial deals”

Part C Income
Excluded income: Definitions

CX 54Share-lending collateral under share-lending arrangements

  1. An amount of share-lending collateral derived by a person under a share-lending arrangement is excluded income of the person.

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