Income Tax Assessment Act 1997



Division 620 - Assets of wound-up corporation passing to corporation with not significantly different ownership  

Subdivision 620-A - Corporations covered by Subdivision 124-I  

Application and object of this Subdivision

SECTION 620-10   620-10   Application  

This Subdivision applies to a body that is incorporated under one law and ceases to exist, and to a company incorporated under another law, if section 124-525 applies in relation to the body and the company.

That section applies if the ownership of the company is not significantly different from the ownership of the body and rights relating to the body.


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