New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)

Schedule 15   Value shifting

Part 5   Dictionary amendments

Income Tax Assessment Act 1997

25   Subsection 995-1(1)

Insert:

affected owner :

(a) of*down interests, has the meaning given by section 725-80; and

(b) of*up interests, has the meaning given by section 725-85; and

(c) for an*indirect value shift, has the meaning given by section 727-530.