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. 97/66 was issued on 7 August 1997. It relates to a unit trust, and the application of sections BG 1 (1), GC 22 and ME 6 and the definition of ``tax avoidance arrangement'' in section OB 1 of the Income Tax Act 1994, as amended by the Taxation (Core Provisions) Act 1996. It is essentially the same as product ruling No. 96/15, but takes into account the coming into force of the Taxation (Core Provisions) Act 1996, with effect from the 1997/98 income year. 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).