Income Tax Assessment Act 1997
This Part (other than Division 703 and this Division) has effect in relation to a * MEC group in the same way in which it has effect in relation to a * consolidated group.
A provision in this Part (other than in Division 703 or in this Division) mentioning 2 separate consolidated groups will, under subsection (1), have an additional operation when the groups are both MEC groups or when one is a MEC group and the other is a consolidated group.719-2(2)
However, that effect is subject to the modifications set out in this Division. 719-2(3)
For the purposes of subsection (1), a reference in this Part (other than in Division 703 or this Division) to a provision in Division 703 applies as if it referred instead to that provision or the corresponding provision in Subdivision 719-B (as appropriate).