Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A * capital loss, deduction, or partner's share of a deduction, that section 170 - 270 (about transactions within linked groups) requires to be disregarded is a 170 - D deferred loss made:
(a) by the company that paragraph 170 - 255(1)(a) refers to as the originating company; and
(b) at the time of the event that paragraph refers to as the deferral event; and
(c) on the * CGT asset * acquired by the other entity referred to in that paragraph.
(2) The * 170 - D deferred loss revives at the time when section 170 - 275 (as applying in relation to the deferral event) treats the originating company as having made a * capital loss, or having become entitled to a deduction, in respect of that asset.