New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)
Schedule 14 Loss integrity rules: global method of valuing assets
Part 1 Income Tax Assessment Act 1997
7 After subsection 165-115R(6)
(6A) Subsection (6) does not apply to paragraphs (3)(e) and (5)(e) if the company has chosen to use the*global method of working out whether it has an adjusted unrealised loss at the alteration time.