Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-90 - CONSOLIDATED GROUPS  

Division 719 - MEC groups  

Subdivision 719-BA - Group conversions involving MEC groups  

SECTION 719-135   Provisions of this Part applying to conversion despite section 719-130  

719-135(1)    
This section applies despite subsections 719-130(1) and (3) .

719-135(2)    
If the new group is a *consolidated group, the following provisions may apply on an entity ceasing to be a *member of the old group:

(a) Subdivision 719-K ;

(b) any other provision of this Part, to the extent that the application of the provision is necessary for the application of Subdivision 719-K .