Tax Laws Amendment (2012 Measures No. 2) Act 2012 (99 of 2012)
Schedule 2 Consolidation and TOFA
Income Tax Assessment Act 1997
2 Paragraph 715-375(1)(c)
Repeal the paragraph, substitute:
(c) the accounting liability is or is part of a *Division 230 financial arrangement of the head company at the joining time (because of subsection 701-1(1) (the single entity rule)).
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