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HA 38: Elections by directors and shareholders required
or “Directors and shareholders no longer need to make tax-related elections”
You could also call this:

“How to cancel choices made for taxing certain groups (no longer applies)”

This section, titled ‘Revocation of elections’, used to be part of the Income Tax Act 2007. It was about taxation of certain entities. However, this section no longer applies. The government removed it on 1 April 2011. This means that from that date onwards, you can’t use this part of the law anymore. If you need information about revoking elections for taxation of entities, you’ll need to look at newer parts of the law.

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Next up: HA 40: Liability for qualifying company election tax

or “Tax payable when a company chooses to become a qualifying company”
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Part H Taxation of certain entities
Qualifying companies (QC)

HA 39Revocation of elections (Repealed)

    Notes
    • Section HA 39: repealed, on (applying for income years beginning on or after 1 April 2011), by section 77(1) of the Taxation (GST and Remedial Matters) Act 2010 (2010 No 130).