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COMMONWEALTHAct
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s 220-10

NZ franking company cannot frank before 1 October 2003

In force
Chapter 3Specialist liability rules
Part 3-6The imputation system
Division 220Imputation for NZ resident companies and related companies

220-10 NZ franking company cannot frank before 1 October 2003

An NZ franking company cannot:

(a)

frank a distribution made before 1 October 2003; or

(b)

frank with an exempting credit a distribution made before 1 October 2003.

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