Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-80
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ROLL-OVERS APPLYING TO ASSETS GENERALLY
Division 615
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Roll-overs for business restructures
Subdivision 615-B
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Further requirements for choosing to obtain roll-overs
SECTION 615-15
615-15
Interposed company must own all the original interests
The interposed company must own all the *shares or units in the original entity immediately after the time (the completion time ) all the exchanging members have had their shares or units in the original entity disposed of, redeemed or cancelled under the *scheme.
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Hide history noteThe interposed company must own all the *shares or units in the original entity immediately after the time (the completion time ) all the exchanging members have had their shares or units in the original entity disposed of, redeemed or cancelled under the *scheme.
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