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

139   Application provision

(1) The amendments made by this Part apply in relation to a consolidated group or MEC group only if the head company of the group makes a choice in accordance with subitems (2) and (3).

(2) The choice must be made:

(a) on or before 30 June 2011; or

(b) within a further time allowed by the Commissioner.

(3) The choice must be made in writing.