Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (88 of 2013)

Schedule 7   Miscellaneous amendments

Part 1   Resource rent taxation

Petroleum Resource Rent Tax Assessment Act 1987

139   At the end of section 109


(5) This section does not apply to a trustee of a trust in relation to any period during which the trust:

(a) is a subsidiary member of a consolidated group or a MEC group; and

(b) is taken, under section 58P, to be part of the head company or provisional head company of the group for the purposes covered by subsection 58P(2).