EH 36Other definitions

1. In the main income equalisation scheme,—

   date the deposit ends means—

   1. the date on which the refund is calculated, when section EH 8 applies:
   2. the date that is 5 years after the end of the accounting year for which the deposit was made, when section EH 10 applies:
   3. the date on which the Commissioner receives the application for the refund, when section EH 13 or EH 15 applies:
   4. the date of the person’s retirement, when section EH 17 applies:
   5. the date of the person’s death, when section EH 19 applies:
   6. the date on which the Commissioner receives notice of the adjudication, when section EH 23 applies:
   7. the date on which the Commissioner receives notice of the liquidation, when section EH 25 applies

   deposit—

   1. means a main deposit; and
   2. includes, for the purposes of sections EH 6(2) to (4), EH 10 to EH 33, and EZ 80(3) and (7)(b), interest that is added to a main deposit under section EH 6(5)

   fishing business includes a business of—

   1. fish farming under a licence issued under the Freshwater Fish Farming Regulations 1983:
   2. mussel farming:
   3. rock oyster farming

   main deposit means a payment made to the Commissioner under section EH 4(1)

   main income equalisation account, for a person, means the account that the Commissioner keeps in the person’s name under section EH 5

   specified period, for a person’s tax year, means the shorter of—

   1. the period of 6 months after the end of the accounting year that corresponds to the tax year; and
   2. the period from the end of the accounting year that corresponds to the tax year to the date 1 month after the date by which the person must, under section 37 of the Tax Administration Act 1994, file their return of income for the accounting year that corresponds to the tax year.

Compare

• 2004 No 35 s EH 37

Notes

• Section EH 36 deposit paragraph (b): amended, on 30 March 2021, by section 40 of the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021 (2021 No 8).
• Section EH 36 list of defined terms apply: inserted, on 2 June 2016, by section 74 of the Taxation (Transformation: First Phase Simplification and Other Measures) Act 2016 (2016 No 27).