New Business Tax System (Consolidation and Other Measures) Act 2003 (16 of 2003)

Schedule 20   Consolidation: transfers of losses involving financial corporations

Financial Corporations (Transfer of Assets and Liabilities) Act 1993

8   Application

 

(1) The amendments of the Financial Corporations (Transfer of Assets and Liabilities) Act 1993 made by this Schedule apply to assessments for the income year including 1 July 2002 and later income years.

      

(2) In this item:

income year has the same meaning as in the Income Tax Assessment Act 1997.