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Radiocommunications Act 1989

Transitional provisions - Transitional rights in relation to Schedule 4 frequencies

152: Return to accompany lump sum payment

You could also call this:

"Send a return with your lump sum payment to show your income"

Illustration for Radiocommunications Act 1989

When you get a lump sum payment under section 149(1)(b), you must give a return with it. This return shows your gross income for the year ending 31 December 1991. You must include the details the Secretary asks for. You also need to give a certificate with the return. This certificate must be signed by an auditor. The auditor says if the return is a true and fair statement of your gross income.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM197973.

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Topics:
Money and consumer rights > Taxes
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Part 16Transitional provisions
Transitional rights in relation to Schedule 4 frequencies

152Return to accompany lump sum payment

  1. Every payment made pursuant to section 149(1)(b) by an incumbent shall be accompanied by a return of the gross income of the incumbent for the year ending on 31 December 1991.

  2. The return—

  3. shall be in such form and contain such particulars as the Secretary may require; and
    1. shall be accompanied by a certificate signed by an auditor and stating whether or not, in that auditor's opinion, the return represents a true and fair statement of the gross income of the incumbent for the period referred to in subsection (1).