Taxation Laws Amendment Act (No. 5) 2003 (142 of 2003)
Schedule 7 Application of same business test
Part 1 Tax losses
Division 2 Consequential amendments
Income Tax Assessment Act 1997
9 Subparagraph 707-125(2)(a)(ii)
Repeal the subparagraph, substitute:
(ii) the income year that included the *test time worked out for section 165-13 for the joining entity (disregarding paragraph (b) of this subsection), if that income year started before the trial year; and
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