Tax Laws Amendment (2004 Measures No. 2) Act 2004 (83 of 2004)

Schedule 2   Consolidation etc.

Part 4   Cost setting for assets that the head company does not hold under the single entity rule

Income Tax Assessment Act 1997

16   Subsection 715-70(1) (note 1)

Omit "cost to head company of assets that entity brings into group", substitute "cost to head company of assets of joining entity".