Part 1
Preliminary matters, loan advances, and New Zealand-based and overseas-based borrowers
Determining whether borrowers are New Zealand-based or overseas-based:
Certain borrowers may be treated as being physically in New Zealand
27CApplication by entity to be listed as charity
An entity may apply to be listed as a charity by—
- notifying the Commissioner in writing with a completed application in the form approved by the Commissioner; and
- notifying the Commissioner in writing with any other information required by the Commissioner.
The Commissioner may request further information from the applicant and obtain information relating to the applicant from other persons before deciding whether or not to list the applicant.
The Commissioner must list an applicant as a charity (by adding the applicant’s name to the list and a date on and from which the listing applies) if the entity qualifies for listing under section 27B.
The date on and from which the listing applies must not be earlier than the date of the entity’s application under this section.
If the Commissioner proposes to refuse to list an applicant as a charity, the Commissioner must—
- notify the applicant in writing of—
- the Commissioner’s reasons for the proposed decision; and
- the period within which arguments against the proposed decision may be provided (which must be a period of at least 30 days after the date of the notice); and
- the Commissioner’s reasons for the proposed decision; and
- consider any arguments against the proposed decision that the applicant provides within that period.
The Commissioner must notify the applicant in writing of the final decision under this section.
Notes
- Section 27C: inserted, on , by section 7 of the Taxation (Residential Land Withholding Tax, GST on Online Services, and Student Loans) Act 2016 (2016 No 21).