Treasury Laws Amendment (2019 Measures No. 3) Act 2020 (64 of 2020)

Schedule 3   Miscellaneous amendments

Part 2   Amendments commencing first day of the next quarter

Income Tax Assessment Act 1997

110   Application - liabilities of joining entity

The amendments made by items 107, 108 and 109 apply in relation to an entity that becomes a subsidiary member of a consolidated group or MEC group if the arrangement under which the entity becomes a subsidiary member of the group commences on or after 1 July 2016.

Note: For the commencement of these arrangements, see Part 8 of Schedule 1 to the Treasury Laws Amendment (Income Tax Consolidation Integrity) Act 2018.