Forests (Payment of Money) Order 2009

2009/328

Crest

Forests (Payment of Money) Order 2009

Anand Satyanand, Governor-General

Order in Council

At Wellington this 27th day of October 2009

Present:
His Excellency the Governor-General in Council

Pursuant to section 21 of the Forests Amendment Act 2004, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council and in accordance with a recommendation of the Minister of Finance, makes the following order.

Order

1 Title
  • This order is the Forests (Payment of Money) Order 2009.

2 Commencement
  • This order comes into force on the 28th day after the date of its notification in the Gazette.

3 Payment of money not gross income of recipients
  • A payment of money made on the date specified in column 1 of the Schedule that is made in consideration of the entering into of a conservation covenant over specified Māori land described in column 2 of that schedule is not, in accordance with section 21 of the Forests Amendment Act 2004, gross income of the recipients named in column 3 of that schedule.


Schedule 
Payment of money not gross income of recipients

cl 3

Column 1 Column 2 Column 3
Date of payment Description of land over which conservation covenant was entered into Recipients
23 April 2009 Waitutu Block XII section 7 consisting of an area of 136 hectares more or less in the Waitutu Survey District Lovell Hart, Neville Wallace Frew, and Paki West Raumati as agents for the owners of Waitutu Block XII section 7

Rebecca Kitteridge,
Clerk of the Executive Council.


Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order, which comes into force on the 28th day after its notification in the Gazette, is made under section 21 of the Forests Amendment Act 2004.

The order specifies that a particular payment of money made in consideration of entering into a conservation covenant over specified Māori land is not gross income of the named recipients.


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 29 October 2009.

This order is administered by the Inland Revenue Department.