New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)
Schedule 8 Consolidation: amendment of transitional provisions for losses
Income Tax (Transitional Provisions) Act 1997
7 Paragraph 707-327(1)(a)
Repeal the paragraph, substitute:
(a) the available fraction for a bundle of other losses is worked out, because of section 707-325, as if there were added to the modified market value of the real loss-maker of the other losses an amount worked out under that section by reference to the value donor's modified market value; and
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