INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-90 - CONSOLIDATED GROUPS  

Division 719 - MEC rules  

Subdivision 719-C - Cost setting  

SECTION 719-160   Transitional cost setting rules on joining have effect with modifications  

719-160(1)  
Section 719-160 of the Income Tax Assessment Act 1997 has effect in relation to the provisions of this Act mentioned in subsection (2) in the same way as that section has effect in relation to the provisions mentioned in subsection 719-160(3) of the Income Tax Assessment Act 1997 .

719-160(2)  


The provisions are Divisions 701 , 701A and 702 of this Act, other than:


(a) section 701-5 ; and


(b) section 701-40 ; and


(c) section 701-45 .

719-160(3)  
However, that effect of section 719-160 of the Income Tax Assessment Act 1997 is subject to modifications set out in this Division.


 

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