Plain language law

New Zealand law explained for everyone

 Plain Language Law homepage
Back to
FN 4: Eligibility rules
or “Rules for companies to be part of an imputation group”
You could also call this:

“Rules for imputation groups that have fewer companies than before”

You should know that an imputation group can keep existing even if there’s only one company left in it. This means the group doesn’t have to end just because most of the companies have left. However, if there are no companies left in the group at all, then the imputation group stops existing. It’s like if you had a group of friends, and everyone except one person left. The group would still be there, but if everyone left, then there wouldn’t be a group anymore.

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 It might be out of date or be missing some parts.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: FN 6: Nominated companies

or “Rules for the company that represents an imputation group”
Next

Part F Recharacterisation of certain transactions
Imputation groups of companies

FN 5Imputation groups with reduced numbers

  1. An imputation group continues to exist if the number of group companies is reduced to 1 company, but if an imputation group has no company at any time, the imputation group no longer exists.

Compare