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CG 8C: Recoveries after deductions for high-priced bloodstock disposed of to non-residents
or “Tax on selling high-priced race horses to overseas buyers before they're used in New Zealand”
You could also call this:

“Reclaiming money from aircraft engine overhaul deductions when selling”

If you dispose of an aircraft engine or aircraft, you might have to count some money as income. This happens when you’ve previously claimed deductions for overhauling the aircraft engine. The amount you need to count as income is called ‘recovery income’. The exact amount is determined by section EJ 27, which talks about what happens when you dispose of an aircraft engine or aircraft.

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Next up: CH 1: Adjustment for closing values of trading stock, livestock, and excepted financial arrangements

or “Calculating end-of-year values for stock, livestock, and certain financial items”
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Part C Income
Recoveries

CG 9Recovery of deductions for aircraft engine overhaul

  1. An amount of recovery income that a person has under section EJ 27 (Disposal of aircraft engine or aircraft) is income of the person.

Notes
  • Section CG 9: inserted, on , by section 28 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).