Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-90 - CONSOLIDATED GROUPS  

Division 719 - MEC groups  

Subdivision 719-BA - Group conversions involving MEC groups  

SECTION 719-140  

719-140   Other provisions of this Part not applying to conversion  

If the new group is a *consolidated group, the following provisions do not apply merely because the old group ceases to exist at the conversion time (or merely because the *potential MEC group of which the old group consisted ceases to exist at that time):

(a) section 719-280 ;

(b) section 719-465 ;

(c) section 719-705 ;

(d) section 719-725 ;

(e) any other provision of this Part, to the extent that the application of the provision is necessary for the application of any of those sections.