Commonwealth Consolidated Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 719.10

  (1)   This section applies if the consolidated group mentioned in section   701C - 10 or 701C - 15 is a MEC group.

  (2)   To avoid doubt, for the purposes of those sections, the test entity cannot be a subsidiary member of the group if the group came into existence on or after 1   July 2004.