New Business Tax System (Consolidation and Other Measures) Act 2003 (16 of 2003)

Schedule 12   Consolidation: MEC group cost setting rules

Income Tax Assessment Act 1997

1   Section 719-155

Repeal the section, substitute:

719-155 Object of this Subdivision

The object of this Subdivision is to modify the tax cost setting rules in Divisions 701 and 705 so that they take account of the special characteristics of *MEC groups.