Part 1
Preliminary matters, loan advances, and New Zealand-based and overseas-based borrowers
Determining whether borrowers are New Zealand-based or overseas-based:
Certain borrowers may be treated as being physically in New Zealand
27Commissioner must notify borrower and specify period or conditions when granting application
If the Commissioner treats a borrower as being physically in New Zealand under section 25, the Commissioner must—
- notify the borrower in writing; and
- specify either—
- the start and end dates for the period for which the borrower is treated as being physically in New Zealand; or
- any conditions that must apply or be met in order for the borrower to be treated as being physically in New Zealand.
- the start and end dates for the period for which the borrower is treated as being physically in New Zealand; or
Compare
Notes
- Section 27: amended, on , by section 56 of the Taxation (KiwiSaver, Student Loans, and Remedial Matters) Act 2020 (2020 No 5).