Tax Administration Act 1994

Information, record-keeping, and returns - Statements, notices, and certificates

30B: Statement to share supplier when share user makes replacement payment under share-lending arrangement

You could also call this:

"Telling the share supplier about a replacement payment you make"

Illustration for Tax Administration Act 1994

When you pay a replacement payment to a share supplier, you must give them a statement. This statement must show your name and the date you paid the replacement payment. It must also show the share supplier's name and address. You need to include the amount of the replacement payment after some tax is withheld. You must also include any imputation credit attached to the replacement payment under section OB 64 of the Income Tax Act 2007. The statement must show the total of this imputation credit and another imputation credit from section RE 25 of the Income Tax Act 2007. The Commissioner must approve the form of the statement. You must give the statement to the share supplier when you pay the replacement payment. This is a requirement when you are a share user under a share-lending arrangement.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on 28 November 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM350786.

Topics:

Money and consumer rights > TaxesBusiness > Industry rules

30A: Statement to shareholder when CTR credit attached to dividend, or

"Getting a statement when a credit is added to your dividend"

30C: Credit transfer notice to share supplier and Commissioner when share user transfers imputation credit under share-lending arrangement, or

"Telling the share supplier and Commissioner about imputation credit transfers"

Part 3Information, record-keeping, and returns
Statements, notices, and certificates

30BStatement to share supplier when share user makes replacement payment under share-lending arrangement

A share user under a share-lending arrangement who pays a replacement payment to the share supplier must at the time of paying the replacement payment give to the share supplier a replacement payment statement in a form approved by the Commissioner showing—
the name of the share user:
the date on which the replacement payment is paid:
the name and address of the share supplier:
the amount of the replacement payment after the RWT is withheld:
the amount of any imputation credit attached under section OB 64 of the Income Tax Act 2007 to the replacement payment:
the aggregate of the amount of any imputation credit referred to in paragraph (f) and the amount of the imputation credit arising under section RE 25 of the Income Tax Act 2007 for the share supplier from the amount of RWT withheld.

Notes

Section 30B: inserted, on 1 July 2006, by section 214 of the Taxation (Depreciation, Payment Dates Alignment, FBT, and Miscellaneous Provisions) Act 2006 (2006 No 3).
Section 30B(d): repealed (with effect on 1 July 2006), on 18 December 2006, by section 178 of the Taxation (Savings Investment and Miscellaneous Provisions) Act 2006 (2006 No 81).
Section 30B(e): amended, on 1 April 2008 (effective for 2008–09 income year and later income years, unless the context requires otherwise), by section ZA 2 of the Income Tax Act 2007 (2007 No 97).
Section 30B(f): amended, on 1 April 2008 (effective for 2008–09 income year and later income years, unless the context requires otherwise), by section ZA 2 of the Income Tax Act 2007 (2007 No 97).
Section 30B(g): amended, on 1 April 2008 (effective for 2008–09 income year and later income years, unless the context requires otherwise), by section ZA 2 of the Income Tax Act 2007 (2007 No 97).
Section 30B(h): repealed (with effect on 1 July 2006), on 18 December 2006, by section 178 of the Taxation (Savings Investment and Miscellaneous Provisions) Act 2006 (2006 No 81).