Commonwealth Consolidated Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 719.2

             (1)  This Part (other than Division 701B, Division 703 and this Division) has effect in relation to a MEC group in the same way in which it has effect in relation to a consolidated group.

             (2)  However, that effect is subject to the modifications set out in this Division.

             (3)  For the purposes of subsection (1), a reference in this Part (other than in Division 703 and this Division) to a provision in:

                     (a)  Division 703 of this Act; or

                     (b)  Division 703 of the Income Tax Assessment Act 1997 ;

applies as if it referred instead to the corresponding provision in:

                     (c)  Division 719 of this Act; or

                     (d)  Division 719 of the Income Tax Assessment Act 1997 .

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