Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-90 - CONSOLIDATED GROUPS  

Division 719 - MEC groups  

Subdivision 719-J - MEC group cost setting rules: leaving cases  

SECTION 719-505   Application and object of this Subdivision  

Application

719-505(1)    
This Subdivision applies if the old group mentioned in subsection 711-5(1) is a ^* MEC group.

Object

719-505(2)    
The object of this Subdivision is to modify the rules in Division 711 so that they take account of the special characteristics of ^* MEC groups.