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Tax Administration Act 1994

Interest - Specific provisions

120X: Petroleum miners’ tax losses

You could also call this:

"Tax rules for oil and gas miners"

Illustration for Tax Administration Act 1994

You can find information about petroleum miners' tax losses in a part of the law called section 120X. This section was repealed, which means it is no longer part of the law, from 1 April 2018. It was repealed by the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018, which you can read more about on the https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7175795 legislation website.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS32737.

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Money and consumer rights > Taxes
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Part 7Interest
Specific provisions

120XPetroleum miners’ tax losses (Repealed)

    Notes
    • Section 120X: repealed, on (applying for the 2018–19 and later income years), by section 350(1) of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 (2018 No 5).