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OP 51: FDP accounts of consolidated FDP groups
or “Repealed section about foreign dividend payment accounts for company groups”
You could also call this:

“This provision about ending a consolidated FDP group has been removed from the law”

This section of the law, called ‘Choosing to stop being consolidated FDP group’, used to be part of the Income Tax Act 2007. However, it was removed from the law on 1 April 2017. This means that the rules it contained no longer apply. If you want to know more about why this change happened, you might need to look at other parts of the tax laws.

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Next up: OP 53: When group company emigrates

or “This rule about companies leaving New Zealand no longer applies”
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Part O Memorandum accounts
Memorandum accounts of consolidated groups: Introductory provisions

OP 52Choosing to stop being consolidated FDP group (Repealed)

    Notes
    • Section OP 52: repealed, on , by section 241(1) of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).