Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 820.607

    If, apart from this section, this Division (except this Subdivision) would have a single application to the * head company or single company, or to the establishment entity, in relation to a period (the test period ) that:

  (a)   is all or part of an income year of that entity; and

  (b)   overlaps the grouping period;

this Division (except this section) is to have separate applications to that entity as follows:

  (c)   a single application in relation to the period of overlap; and

  (d)   a single application in relation to the part (if any) of the test period that is before the period of overlap; and

  (e)   a single application in relation to the part (if any) of the test period that is after the period of overlap.