New Business Tax System (Consolidation) Act (No. 1) 2002 (68 of 2002)

Schedule 5   Amendments of Dictionary

Income Tax Assessment Act 1997

12   Subsection 995-1(1)

Insert:

initial head company instalment rate , for an entity that is the *head company of a *consolidated group, means the instalment rate given to the entity by the Commissioner that is worked out on the basis of that entity's first *base assessment as the head company of the consolidated group.