Discounted Value of Amounts Payable in Relation to Trade Credits Denominated in New Zealand Currency

This determination provides the method to be used to calculate the core acquisition price for a trade credit where the trade credit is not a short term trade credit; the amounts payable are denominated in New Zealand dollars; all amounts payable and the dates on which they are payable are known at the first balance date after supply date; and the term of the trade credit is known at the first balance date after supply date.