Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 719.135

Provisions of this Part applying to conversion despite section 719-130

             (1)  This section applies despite subsections 719-130(1) and (3).

             (2)  If the new group is a * consolidated group, the following provisions may apply on an entity ceasing to be a * member of the old group:

                     (a)  Subdivision 719-K;

                     (b)  any other provision of this Part, to the extent that the application of the provision is necessary for the application of Subdivision 719-K.



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