(1) The transfer must be made by a written agreement between the loss company and the gain company.
(a) specify the income year of the transfer (which may be earlier than the income year in which the agreement is made); and
(b) specify the amount of the * net capital loss being transferred; and
(c) be signed by the public officer of each company; and
(d) be made on or before the day of lodgment of the gain company's * income tax return for the application year, or within such further time as the Commissioner allows.
Note: The agreement will usually be made in the next income year after
the one for which the gain company will apply the loss.