New Business Tax System (Consolidation and Other Measures) Act (No. 1) 2002 (117 of 2002)
Schedule 1 Consolidation: assessable income and deductions spread over several membership or non-membership periods
Income Tax Assessment Act 1997
4 Subsection 995-1(1)
Insert:
spreading period for an amount has the meaning given by sections 716-15, 716-25, 716-70 and 716-100.
Note: Those sections deal with assessable income and deductions spread over several periods of membership or non-membership of a consolidated group or MEC group.
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