Notice of Withdrawal of Product Ruling 1. This is a notice of withdrawal of a product ruling made under section 91fj of the Tax Administration Act 1994. 2. Product ruling No. 98/79 is hereby withdrawn, due to an error in the formula at page 3 of the ruling. 3. Product ruling 98/79 related to the deductibility of interest payments incurred as a result of borrowings made in order to pay a dividend. It applied for the period 31 July 1998 to 31 July 2001. Notice of its making appeared in the New Zealand Gazette of 3 December 1998. It is withdrawn on and from 21 January 1999. MARTIN SMITH, General Manager (Adjudication & Rulings).