Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 820.593

    To the extent that the * FRT disallowed amount is not transferred under section   820 - 590 from the joining entity to the * head company of the joined group, the FRT disallowed amount cannot be applied under paragraph   820 - 56(2)(b) by any entity in respect of an income year ending after the joining time.