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EJ 27: Disposal of aircraft engine or aircraft
or “Rules for selling an aircraft engine or aircraft you've claimed expenses for”

You could also call this:

“Paying tax money to the government's bank account”

When you make a payment to the Commissioner under section EK 2, you need to know two important things about that money. First, it becomes public money. This means it belongs to everyone in New Zealand. Second, the Commissioner must put this money into a Crown Bank Account. A Crown Bank Account is a special account that the government uses to keep public money safe.

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Next up: EK 2: Persons who may make payment to environmental restoration account

or “Who can save money for future environmental repairs”

Part E Timing and quantifying rules
Environmental restoration accounts

EK 1Payment to Crown Bank Account

  1. Every payment a person makes to the Commissioner under section EK 2

  2. is public money; and
    1. must be paid into a Crown Bank Account.
      Notes
      • Section EK 1: replaced, on , by section 85 of the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Act 2022 (2022 No 10).