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Tax Administration Act 1994

Third-party providers - Tax pooling intermediaries

124V: Fitness of applicants

You could also call this:

"Who can apply to be a tax pooling intermediary?"

Illustration for Tax Administration Act 1994

When you apply to be a tax pooling intermediary, you must meet certain rules. You cannot be a bankrupt or have been convicted of a crime involving dishonesty. You must also be eligible to be a company director, as per section MBA 3(d).

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1253876.

Topics:
Money and consumer rights > Taxes
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124U: Applications to establish tax pooling accounts, or

"Setting up a tax pooling account with a helper"

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124W: Requirements for applications to establish tax pooling accounts, or

"What you need to do to open a tax pooling account"

Part 7BThird-party providers
Tax pooling intermediaries

124VFitness of applicants

  1. This section applies for the purposes ofsection 124U to—

  2. an applicant who is a natural person; and
    1. an officer of an applicant who is not a natural person; and
      1. a principal of an applicant.

        1. The applicant—

        2. must not be a discharged or undischarged bankrupt; or
          1. must not have been convicted of an offence involving dishonesty; or
            1. must be eligible to be a company director.

              Compare
              Notes
              • Section 124V: replaced, as section 15R, on , by section 598(2) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
              • Section 124V: renumbered, on , by section 9(2) of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).
              • Section 124V(1): amended, on , by section 113 of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).