Treasury Laws Amendment (Income Tax Consolidation Integrity) Act 2018 (14 of 2018)
Schedule 1 Consolidation
Part 3 Securitised assets: 2014 Budget
Income Tax Assessment Act 1997
12 At the end of section 711-45
Add:
Exclusion of amounts for certain securitisation liabilities
(11) An amount is not to be added for an accounting liability of the leaving entity if the accounting liability is covered under section 711-46 (securitisation liabilities).
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