New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)
Schedule 16 Demerger relief
Part 3 Consequential amendments
Income Tax Assessment Act 1997
26 At the end of subsection 104-155(5)
Add:
; or (g) a company or a trust that is a member of a*demerger group issues new*ownership interests under a*demerger.
Note: For demergers, see Division 125.
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