New Business Tax System (Consolidation and Other Measures) Act (No. 1) 2002 (117 of 2002)

Schedule 1 Consolidation: assessable income and deductions spread over several membership or non-membership periods

Add:

; and (c) so that each relevant item is either:

(i) allocated to only one of the non-membership periods or to a period that is all or part of the rest of the income year; or

(ii) apportioned among such periods (for example, by Subdivision 716-A (see note to this subsection)).