Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 90.30

  (1)   An * amalgamated company has an * adjustment if:

  (a)   apart from the * amalgamation, any of the * amalgamating companies would have had the adjustment; and

  (b)   the adjustment was not attributable, before the amalgamation, to a tax period applying to the amalgamating company.

  (2)   This section has effect despite section   17 - 10 (which is about the effect of adjustments on net amounts).