New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)

Schedule 15   Value shifting

Part 4   Consequential amendment of the Income Tax Assessment Act 1936

17   At the end of subsection 245-85(1) in Schedule 2C

Add:

Note: Paragraph (1)(c) does not cover a reduction under Division 727 (indirect value shifting) of theIncome Tax Assessment Act 1997 because that Division is not in Part 3-1 or 3-3 of that Act.