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

Schedule 5   Consolidation: allocable cost amount for a joining trust

Part 2   Consequential amendment

Income Tax Assessment Act 1997

9   Subsection 705-90(1)

After "this section", insert "unless the joining entity is a trust that isnot a*corporate tax entity at the joining time".