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Edited version of private advice
Authorisation Number: 1012647955415
Ruling
Subject: Same Business Test
Question 1
If the ABC MEC Group disposes some or all of its real estate assets and after the disposal but in the same income year, the continuity of ownership test is failed, will the ABC MEC Group satisfy the same business test pursuant to sections 165-13 and 165-210 of the Income Tax Assessment Act 1997?
Answer
Yes.