Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX ASSESSMENT ACT 1997 - SECT 715.240

Application of sections 715 - 245 to 715 - 260

    Sections   715 - 245 to 715 - 260 affect how Subdivision   165 - CD (about reductions after alterations in ownership or control of loss company) applies to a company (the leaving entity ) at and after the time (the leaving time ) when it ceases to be a * subsidiary member of a * consolidated group that came into existence at a particular time (the formation time ).

Note:   If a trust ceases to be a subsidiary member of a consolidated group: see section   715 - 270.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback