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CZ 3: Exchange variations on 8 August 1975
or “Rules for foreign currency loans and exchange rate changes in business”
You could also call this:

“Old rule about mining company loans made before April 1979 no longer applies”

This section of the law used to talk about mineral mining companies that made loans before 1 April 1979. However, it’s no longer part of the current law. The government removed this section on 1 April 2014. If you want to know more about why this change happened, you might need to look at other parts of the law or ask someone who knows about tax laws.

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Next up: CZ 5: Exempt interest: overseas money lent to government or local or public authority before 29 July 1983

or “Tax-free interest on certain overseas loans to NZ government before 29 July 1983”
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Part C Income
Terminating provisions

CZ 4Mineral mining: company making loan before 1 April 1979 (Repealed)

    Notes
    • Section CZ 4: repealed, on , by section 26 of the Taxation (Annual Rates, Foreign Superannuation, and Remedial Matters) Act 2014 (2014 No 4).