Tax and Superannuation Laws Amendment (2014 Measures No. 4) Act 2014 (110 of 2014)

Schedule 5  

Part 4   Other amendments of principal Acts

Income Tax Assessment Act 1997

120   Subsection 709-215(4) (after table item 4)



Both these conditions are met:

(a) the entity that is owed the debt for the debt test period is the *head company of a *consolidated group;

(b) the period ends when a *subsidiary member of the group ceases to be a *member of the group without becoming a member of another consolidated group

The start of the debt test period

The end of the debt test period