Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-90 - CONSOLIDATED GROUPS  

Division 719 - MEC groups  

Subdivision 719-B - MEC groups and their members  

Basic concepts

SECTION 719-25   Head company, subsidiary members and members of a MEC group  

719-25(1)    
The head company of a ^* MEC group is worked out under section 719-75 .

719-25(2)    
The remaining members of the group are the subsidiary members of the group.

719-25(3)    

The members of a *MEC group are the *head company of the group and the *subsidiiary members of the group.