Plain language law

New Zealand law explained for everyone

 Plain Language Law homepage
Back to
CX 53: Credits for inflation-indexed instruments
or “Adjustments to loan amounts due to changes in New Zealand's inflation”
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.

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 It might be out of date or be missing some parts.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: CX 54B: Transfers of emissions units under certain excepted financial arrangements

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

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.

Compare