1. This is a notice of withdrawal of a product ruling under section 91FJ of the Tax Administration Act 1994.
2. Product Ruling BR Prd 12/05 is withdrawn on Wednesday 11 June 2014 to allow a replacement ruling to be issued.
3. Product Ruling BR Prd 12/05 applied from 1 October 2012 to 1 October 2015.
4. It is anticipated that the replacement ruling will be issued on the publication of this notice in the New Zealand Gazette and that notice of the making of a replacement ruling will be published in the New Zealand Gazette on Thursday 19 June 2014.
Dated this 9th day of June 2014.
DINESH GUPTA, Manager, Taxpayer Rulings, Office of the Chief Tax Counsel, Inland Revenue.