Income Tax (Transitional Provisions) Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-90 - CONSOLIDATED GROUPS  

Division 719 - MEC rules  

Subdivision 719-F - Losses  

SECTION 719-305  

719-305   Available fraction for bundle of losses not affected by concessional rules  

To avoid doubt, sections 707-325 and 707-327 do not apply for the purposes of working out the available fraction for the bundle of losses that are taken under subsection 719-305(2) of the Income Tax Assessment Act 1997 to be transferred under Subdivision 707-A of that Act.