68CTax credit relating to KiwiSaver and complying superannuation fund members: member credit form

1. This section applies to a person's fund provider.

2. The fund provider must claim a tax credit under section MK 1(1) of the Income Tax Act 2007 for the person for a member credit year, if the fund provider—

3. is the person's fund provider on—
   1. 30 June of the member credit year; or
   2. the day in the member credit year that is before the person ceases to be a member of the fund provider's fund or scheme due to permitted withdrawals other than transfers; and
4. is reasonably satisfied of the number of days in the member credit year on which the person resides mainly in New Zealand; and
5. has no knowledge that the person does not meet the requirements of section MK 2(1)(a) to (c), and (d)(i) and (ii) of that Act for any part of the member credit year.

6. The fund provider must claim a tax credit for the person for the member credit year by furnishing to the Commissioner a member credit claim in relation to the person, in the form prescribed by the Commissioner. The member credit claim must—

7. contain the person's name, address, and (if known) tax file number, the amount of the person's member credit contributions for the member credit year, and any other information that the Commissioner may require.

9. The fund provider may claim an amount of a tax credit under section MK 1(1) of the Income Tax Act 2007 for the person if the provider meets the requirements of subsections (2)(b) and (c), and is satisfied that the amount of tax credit has not previously been claimed. A claim under this subsection may be supplementary to or included in a claim under subsection (3), and must be in the form prescribed under subsection (3).