Tax Laws Amendment (2010 Measures No. 1) Act 2010 (56 of 2010)

Schedule 5   Consolidation

Part 11   Retained cost base assets

2   Division 2 - Rights to future income assets

Income Tax Assessment Act 1997
125   After paragraph 705-25(5)(c)


; or (d) a right that is an asset covered by section 716-410 (rights to future amounts that are expected to be included in assessable income) if at the time the right was created:

(i) the *head company was the head company of a *consolidatable group; and

(ii) the joining entity was a *subsidiary member of the consolidatable group.