Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 705.220

Subdivision 705 - A has effect with modifications

  (1)   Subdivision   705 - A has effect in relation to each linked entity becoming a * subsidiary member of the * consolidated group in the same way as that Subdivision operates in relation to an entity becoming a subsidiary member of a consolidated group in circumstances covered by that Subdivision.

  (2)   However, that effect of Subdivision   705 - A is subject to modifications set out in this Subdivision.


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