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

Schedule 5   Consolidation

Part 15   Transitional concession for SAPs

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

138   After item 27 of Schedule 1

Insert:

27A Paragraph 701-30(1)(a)

Repeal the paragraph, substitute:

(a) on or before the first day of the first income year of the head company starting after 30 June 2003; and

Note: Section 701-30 of the Income Tax (Transitional Provisions) Act 1997 was repealed by item 285 of Schedule 1 to the Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 on 14 September 2006. Therefore the amendment made by this item will not apply after that repeal.