TAXATION LAWS AMENDMENT ACT (NO. 6) 2003 NO. 67, 2003 - SCHEDULE 6 - Consolidation: application of rules to MEC groups

TAXATION LAWS AMENDMENT ACT (NO. 6) 2003 NO. 67, 2003 - SCHEDULE 6

Income Tax (Transitional Provisions) Act 1997

1 At the end of section 719-2

Add:

(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 .