The Working Party comprised Arthur Valabh (Chair), Dame Margaret Bazley, and Sir Kenneth Keith.
The Working Party issued two reports on the reorganisation of the then Income Tax Act 1976.
[1] Following on from these reports the government in 1995 established a review process for rewriting the income tax legislation, overseen by an advisory panel drawn from the private and public sectors.
[2] The Income Tax Act has since been largely rewritten in a plain English style with a radically re-organised structure, including a unique (for New Zealand) alpha-numeric section referencing system (as opposed to the more usual numeric system.
[6] Its chairs were Colin Blair (1995–2003), Sir Ivor Richardson (2003–08) and David McLay (2008–14).