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EZ 23F: Insurance for Canterbury earthquake damage causing disposal: optional timing rule for income, deductions
or “Optional timing for insurance money from Canterbury earthquake damage (no longer applies)”
You could also call this:

“Removed rule about timing of insurance and repair costs for Canterbury earthquake damage”

This part of the law was about insurance for fixing damage caused by earthquakes in Canterbury. It gave people a choice about when to count the money they got from insurance and when to count the costs of repairs in their taxes. However, this rule doesn’t exist anymore. It was taken out of the law on 1 April 2016, so it doesn’t apply to any tax years after that date.

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or “What counts as a new asset for tax purposes”
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Part E Timing and quantifying rules
Terminating provisions

EZ 23GInsurance for repairs of Canterbury earthquake damage: optional timing rule for income, deductions (Repealed)

    Notes
    • Section EZ 23G: repealed, on (applying for the 2016–17 and later income years), by section 66(1) of the Taxation (Annual Rates, Foreign Superannuation, and Remedial Matters) Act 2014 (2014 No 4).