(1) This section applies if the transitional group mentioned in paragraph 701 - 45(1)(b) of this Act is a MEC group.
(2) That paragraph applies as if the reference in that paragraph to the entity that became the head company were a reference to any entity that became a member of the group, and that was an eligible tier - 1 company, at the time the transitional group came into existence.
719 - 305 Available fraction for bundle of losses not affected by concessional rules
719 - 310 Certain choices may be revoked