New Zealand Legislation: Bills

20 Amounts derived in connection with employment

• (1) After the heading to section CE 1, “Income” is inserted as a subsection heading.

  (2) Section CE 1(c) is replaced by the following:

  • “(c) the market value of accommodation that the person receives in connection with their employment or service:

  • “(c) the market value of accommodation that the person receives in connection with their employment or service other than an amount paid under section CW 17B (Relocation payments):”.

  (3) After section CE 1(g), the following is inserted as subsection (2):

  “Meaning of accommodation

  • “(2) For the purposes of this section, accommodation means board or lodging, or the use of a house or part of a house.

  • “(2) For the purposes of this section and section CX 28 (Accommodation), accommodation means board or lodging, or the use of a house or living premises, or the use of part of a house or living premises.”

  (4) In section CE 1, in the list of defined terms, “accommodation” is inserted.

  (5) Subclauses (1) to (3) apply for the 2008–09 and later income years.