INCOME TAX ASSESSMENT ACT 1997 - SECT 820.445 How this Subdivision interacts with Subdivision 820 - FA

INCOME TAX ASSESSMENT ACT 1997 - SECT 820.445

    A choice under section   820 - 430 does not have effect for so much of a period as happens while the entity is a * subsidiary member of a * consolidated group or * MEC group.

Note:   If the head company of the group makes a choice under that section, that choice will have effect instead.