New Business Tax System (Consolidation and Other Measures) Act 2003 (16 of 2003)
Schedule 10 Consolidation: offshore banking units
Income Tax Assessment Act 1936
1 Section 121C (at the end of the definition of OBU )
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Note: In this Division, the head company of a consolidated group or MEC group may be treated for certain purposes as an OBU at a time when a subsidiary member of the group is an OBU (see Subdivision 717-O of the Income Tax Assessment Act 1997).
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