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

Schedule 9   Consolidation: foreign dividend accounts

Part 2   Related amendments

Income Tax Assessment Act 1997

13   At the end of subsection 703-75(3)

Add:

; and (d) for the purposes of determining the respective balances of the *FDA accounts of the original company and the interposed company at and after the completion time.