New Business Tax System (Integrity and Other Measures) Act 1999 (Incorporating amendments up to Act No. 78 of 2001) (169 of 1999)
Schedule 5 Transfers of losses within wholly-owned company groups
Income Tax Assessment Act 1936
15 At the end of section 160ZP
Add:
(16) The provisions of Subdivision 170-C of the Income Tax Assessment Act 1997 (so far as they relate to the transfer of net capital losses) are to be disregarded in applying the provisions of this section where the relevant agreement referred to in paragraph (7)(c) was made before 22 February 1999.
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