Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 125-100 125-100 No further demerger relief in some cases
This Division does not apply to the remaining *ownership interests in a *demerged entity if one or more members of the *demerger group *disposed of or cancelled less than 100% of the total ownership interests of that group in the demerged entity.
Note:
After the demerger, a former member of the demerger group can undertake a further demerger to which this Division can apply.
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