New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)

Schedule 8   Consolidation: amendment of transitional provisions for losses

Income Tax (Transitional Provisions) Act 1997

10   Subsection 707-327(6) (note)

Omit "working out an increased available fraction for a bundle of losses under section 707-325", substitute "section 707-325 to apply in relation to the working out of the available fraction for a bundle of losses".