New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) For the purposes of the Inland Revenue Acts (as defined in section 3(1) of the Tax Administration Act 1994) and any other enactment that imposes or provides for the collection of any tax, levy, or other charge,—
(a) the Ngaitahu Maori Trust Board and Te Runanga o Ngai Tahu shall, as from the commencement of this Act, be deemed to be the same person; and
(b) in respect of the liability for and the assessment, determination, or imposition of taxes, duties, levies or other charges accruing after the commencement of this Act under any such enactment, all transactions entered into by, and acts of, the Ngaitahu Maori Trust Board before the commencement of this Act shall be deemed to have been entered into by, or to be those of, Te Runanga o Ngai Tahu and to have been entered into or performed by Te Runanga o Ngai Tahu at the time when they were entered into or performed by the Ngaitahu Maori Trust Board; and
(c) notwithstanding the dissolution of the Ngaitahu Maori Trust Board by this Act, any income derived by Te Runanga o Ngai Tahu from any property to which a declaration of trust made by the Ngaitahu Maori Trust Board under section 24B of the Maori Trust Boards Act 1955 and dated the 24th day of March 1975 relates shall, if applied for the purposes specified in the declaration, be deemed, for the purposes of the Income Tax Act 2007, to be income derived by Te Runanga o Ngai Tahu in trust for charitable purposes.
(2) For the purposes of the Inland Revenue Acts (as defined in section 3(1) of the Tax Administration Act 1994) and any other enactment that imposes or provides for the collection of any tax, duty, levy, or other charge,—
(a) Te Runanganui o Tahu Incorporated and Te Runanga o Ngai Tahu shall, as from the commencement of this Act, be deemed to be the same person:
(b) in respect of the liability for and the assessment, determination, or imposition of taxes, duties, levies or other charges accruing after the commencement of this Act under any such enactment, all transactions entered into by, and acts of, Te Runanganui o Tahu Incorporated before the commencement of this Act shall be deemed to have been entered into by, or to be those of, Te Runanga o Ngai Tahu at the time when they were entered into or performed by Te Runanganui o Tahu Incorporated.
Section 30(1)(c): amended, on 1 April 2008, by section ZA 2(1) of the Income Tax Act 2007 (2007 No 97).
Section 30(1)(c): amended, on 1 April 2005, by section YA 2 of the Income Tax Act 2004 (2004 No 35).