Treasury Laws Amendment (Income Tax Consolidation Integrity) Act 2018 (14 of 2018)

Schedule 1   Consolidation

Part 4   Securitised assets: 2016 Budget

Income Tax Assessment Act 1997

18   Application - joining case

(1) The amendment made by item 16 of this Schedule applies in relation to an entity that becomes a subsidiary member of a consolidated group or MEC group under an arrangement that commences (see Part 8 of this Schedule) after the 2016 budget time.

(2) In this item:

2016 budget time means 7.30 pm, by legal time in the Australian Capital Territory, on 3 May 2016.