New Business Tax System (Consolidation and Other Measures) Act 2003 (16 of 2003)
Schedule 19 Consolidation: amendment of losses rules
New Business Tax System (Consolidation) Act (No. 1) 2002
6 At the end of item 39 of Schedule 3
Add:
(10) To avoid doubt, section 701-30 of the Income Tax Assessment Act 1997 does not prevent a company from transferring under Subdivision 170-A or 170-B of that Act (applying as described in subitem (9)) a non-membership period loss described in that section for the non-membership period mentioned in that subitem.
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