Notice of Product Ruling 1. This is a notice of a product ruling made under section 91f of the Tax Administration Act 1994. 2. Product ruling No. 96/29 was issued on 14 October 1996. It relates to the issue of an insurance product and the application of sections BB 4 (a) and (d), section CB 5 (1) (h), and section BB 7 of the Income Tax Act 1994 and the definition of ``output tax'' in section 2 (1) and section 5 (13) of the Goods and Services Tax Act 1985. 3. A copy of the ruling may be obtained by writing to the Assistant General Manager (Adjudication & Rulings), National Office, Inland Revenue, P.O. Box 2198, Wellington. JEFFREY TYLER, Assistant General Manager (Adjudication & Rulings).