Timing and quantifying rules - Income equalisation schemes - Definitions
EH 61: Meaning of adverse event maximum deposit
You could also call this:
“Definition of 'adverse event maximum deposit' removed from this section”
This section of the law used to explain what an ‘adverse event maximum deposit’ meant. However, it has been removed from the law. This means that the term ‘adverse event maximum deposit’ is no longer defined or used in this part of the Income Tax Act 2007. If you need to understand what this term means now, you might need to look at other parts of the law or ask for help from someone who knows about tax laws.
“Definitions that were removed from this section of the tax law”
Part E
Timing and quantifying rules
Income equalisation schemes:
Definitions
EH 61Meaning of adverse event maximum deposit (Repealed)
Notes
Section EH 61: repealed, on , by section 169(10) (and see section 169(11) for application) of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).
Section EH 61(3): amended (with effect on 1 April 2017), on , by section 41 (and see section 41(3) for application) of the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021 (2021 No 8).
