Commonwealth of Australia Consolidated Acts Commonwealth of Australia Consolidated ActsDespite a subsection listed in column 1, the Commissioner may, under a subsection listed in column 2, disallow some or all of an * excluded loss, deduction, or * capital loss, of a company (as the case requires) if:
(a) the company is or becomes:
(i) an externally-administered body corporate within the meaning of the Corporations Act 2001 ; or
(ii) an entity with a similar status under a * foreign law to an externally-administered body corporate; and
(b) the company is insolvent (within the meaning of section 9 of the Corporations Act 2001 ) when the administration begins.
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Commissioner may disallow excluded losses etc. for insolvent companies |
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Item |
Column 1 Despite this subsection... |
Column 2 the Commissioner may disallow under this subsection: |
|
1 |
Subsection 175- 10(2) |
Subsection 175- 10(1) |
|
2 |
Subsection 175- 15(2) |
Subsection 175- 15(1) |
|
3 |
Subsection 175- 20(2) |
Subsection 175- 20(1) |
|
4 |
Subsection 175-25(2) |
Subsection 175-25(1) |
|
5 |
Subsection 175-30(4) |
Subsection 175-30(1) or (2) |
|
6 |
Subsection 175-45(2) |
Subsection 175-45(1) |
|
7 |
Subsection 175- 50(2) |
Subsection 175- 50(1) |
|
8 |
Subsection 175- 60(2) |
Subsection 175- 60(1) |
|
9 |
Subsection 175- 65(2) |
Subsection 175- 65(1) |
|
10 |
Subsection 175- 70(4) |
Subsection 175- 70(1) or (2) |
|
11 |
Subsection 175-85(2) |
Subsection 175-85(1) |
|
11 |
Subsection 175- 90(2) |
Subsection 175- 90(1) |
Table of Subdivisions
Guide to Division 180
180-A Information relevant to Division 165
180-B Information relevant to Division 175
Guide to Division 180