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BR Prd 21/05
Issued
11 Aug 2021
Start
01 Mar 2021
End
31 Mar 2026

Bank of New Zealand

The Arrangement is the redemption of Flybuys Points for a contribution to a KiwiSaver account in a KiwiSaver scheme that Bank of New Zealand (BNZ) has established (the BNZ KiwiSaver Scheme).  Under an agreement between BNZ and Loyalty New Zealand Limited (Loyalty NZ), persons who are members of the Flybuys loyalty programme can request the redemption of their Flybuys Points for a contribution to their own, or another person’s, account in the BNZ KiwiSaver Scheme.

Tax Information Bulletin Vol 33 No 10 - November 2021