New Business Tax System (Consolidation and Other Measures) Act (No. 1) 2002 (117 of 2002)

Schedule 5   Consolidation: allocable cost amount for a joining trust

Part 2   Consequential amendment

Income Tax Assessment Act 1997

10   At the end of subsection 705-90(1)

Add:

Note: If the joining entity is such a trust, the step 3 amount is instead worked out in accordance with section 713-25.