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RZ 6: Limits on refunds: transitional dates
or “Rules for using extra money from tax refunds for specific tax years”

You could also call this:

“This section about income from withdrawals has been removed from the law”

This part of the law used to talk about something called ‘withdrawal income’. It was part of the ‘General collection rules’ in the Income Tax Act 2007. However, this section doesn’t exist anymore. On 2 June 2016, it was removed from the law. The government made this change as part of a law called the Taxation (Transformation: First Phase Simplification and Other Measures) Act 2016. Because this section has been taken out of the law, there’s no more information about what ‘withdrawal income’ means or how it works in the current version of the Income Tax Act.

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Next up: RZ 8: Payment and rate of withdrawal tax

or “This provision about withdrawal tax payment and rates has been removed from the law”

Part R General collection rules
Terminating provisions

RZ 7Withdrawal income (Repealed)

    Notes
    • Section RZ 7: repealed, on , by section 70 of the Taxation (Transformation: First Phase Simplification and Other Measures) Act 2016 (2016 No 27).