New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)

Schedule 15   Value shifting

Part 5   Dictionary amendments

Income Tax Assessment Act 1997

24   Subsection 995-1(1)

Insert:

affected interest :

(a) in the*losing entity for an*indirect value shift, has the meaning given by section 727-460; or

(b) in the*gaining entity for an indirect value shift, has the meaning given by section 727-465.