Minerals Resource Rent Tax (Consequential Amendments and Transitional Provisions) Act 2012 (14 of 2012)

Schedule 3   Amendment of other Acts

Part 1   Amendments commencing at the same time as the Minerals Resource Rent Tax Act 2012 commences

Income Tax Assessment Act 1997

45   At the end of section 721-10

Add:

(4) Items 75, 80 and 85 of the table in subsection (2) apply in relation to tax-related liabilities that are due and payable by the *head company because it chooses, under section 215-10 of the Minerals Resource Rent Tax Act 2012, to apply Division 215 of that Act in relation to the *consolidated group.