Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 820-581 820-581 How this Division applies to head company for income year in which group comes into existence or ceases to exist
If a *consolidated group or *MEC group: (a) comes into existence at a time during an income year that is not the start of the income year; or (b) ceases to exist at a time during an income year that is not the end of the income year;
then, for each of the following periods during that income year:
(c) a period throughout which a company is the *head company of that group; or (d) a period throughout which that company is the head company of a different consolidated group or MEC group; or (e) a period throughout which that company is a *member of no consolidated group or MEC group;this Division (except this section) is to have either:
(f) a single application in relation to the whole of the period; or (g) 2 or more applications, each in relation to a part of that period.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
