(a) when the partnership ceases to be a * subsidiary member of the group, a partner remains a * member of the group; and
(b) an asset becomes an asset of the * head company because subsection 701 - 1(1) (the single entity rule) ceases to apply to the partnership when it ceases to be a subsidiary member; and
(c) the asset is, ignoring that subsection:
(i) the partner's interest in an asset of the partnership consisting of a liability of a member of the group owed to the partnership; or
(ii) the partner's share of a liability of the partnership owed to a member of the group.
(2) The asset's * tax cost is set at the leaving time at a *
tax cost setting amount equal to the * market value of the asset.