28BNotification of investors’ tax file numbers

1. An investor in a multi-rate PIE must notify the PIE of their tax file number within 6 weeks of the date on which they become an investor in the PIE.

2. Subsection (1) does not apply to—

3. an investor who—
   1. is non-resident; and
   2. does not have a tax file number; and
   3. provides the equivalent of their tax file number for the country or territory where they reside for tax purposes, or a declaration if they are unable to provide this number:
4. an investor in a multi-rate PIE that is listed on a recognised exchange in New Zealand.

5. Despite subsection (2), if an investor in a multi-rate PIE is a non-resident who becomes a resident, the investor must immediately notify the PIE that they have become resident. The 6-week period referred to in subsection (1) starts to run from the date of the notification of residency.