Taratahi Agricultural Training Centre (Wairarapa) Act 1969

15: Exemption from land tax and income tax

You could also call this:

"The trust board doesn't have to pay land tax or income tax."

Illustration for Taratahi Agricultural Training Centre (Wairarapa) Act 1969

The trust board does not have to pay land tax or income tax. You need to know that this means they are exempt from these taxes. This exemption applies to the trust board.

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This page was last updated on 31 October 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM394319.

Topics:

Money and consumer rights > Taxes

14B: Financial statements must be audited, or

"The trust board's money records must be checked by an auditor."

16: Members not personally liable, or

"Trust board members are not personally responsible for the board's actions if they act honestly."

15Exemption from land tax and income tax

The trust board is hereby declared to be exempt from the payment of land tax and income tax.