Taxation Laws Amendment Act (No. 5) 2003 (142 of 2003)

Schedule 7   Application of same business test

Part 1   Tax losses

Division 2   Consequential amendments

Income Tax Assessment Act 1997

3   Subsection 165-115B(3) (second sentence)

Repeal the sentence, substitute:

The changeover time is the test time for applying section 165-13 to the company.