The Parliament of New Zealand enacts as follows:
This Act is the Taxation (Social Housing Reform) Act 2015.
This Act comes into force on the day after the date on which it receives the Royal assent.
This Act amends the Goods and Services Tax Act 1985 (the principal Act).
After section 5(6E), insert:
For the purposes of this Act, the amount payable by the Crown or the agency under the Housing Restructuring and Tenancy Matters Act 1992 under a reimbursement agreement or a tailored agreement under that Act for the provision of accommodation in social housing is treated as consideration for the supply of accommodation in a dwelling by way of hire.
21 May 2015
Divided from Social Housing Reform (Flexible Purchasing and Remedial Matters) Bill (Bill 21–1), third reading
27 May 2015
This Act is administered by the Inland Revenue Department.