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OJ 17: PCA person’s equivalent debit
or “Outdated tax rule about policyholder debits no longer applies”
You could also call this:

“Debit for transferring life insurance business (no longer applies)”

This part of the law used to talk about something called a “PCA person’s debit for transfer of life insurance business”. However, it’s no longer in use. The government removed this section from the law on 1 July 2010. If you want to know more about life insurance and taxes, you might need to look at other parts of the law that are still active.

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Next up: OK 1: General rules for Maori authorities with Maori authority credit accounts

or “Rules for Māori authorities' tax credit accounts”
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Part O Memorandum accounts
Policyholder credit accounts (PCA): Policyholder debits of PCA person

OJ 18PCA person’s debit for transfer of life insurance business (Repealed)

    Notes
    • Section OJ 18: repealed, on , by section 439(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).