Tax Laws Amendment (2010 Measures No. 1) Act 2010 (56 of 2010)

Schedule 5   Consolidation

Part 5   Pre-joining time roll-overs

Income Tax Assessment Act 1997

43   Paragraph 705-93(1)(b)

Repeal the paragraph, substitute:

(b) the originating company in relation to the Subdivision 126-B roll-over, or the transferor in relation to the section 160ZZO roll-over:

(i) was a foreign resident; or

(ii) is the *head company in relation to the joined group; and