Document ID: chunk:federal_register_of_legislation:C2024C00267:section:4:p28
Version: federal_register_of_legislation:C2024C00267
Segment Type: section
Provision Reference: s 4 (pt 28/64)
Character Range: 772297–775196

carried out, materially different to the scheme specified in the private ruling; and
 (ii) it becomes, on the earlier day, materially different to the scheme specified in the private ruling.

Chapter 5—Administration

Part 5‑35—Miscellaneous

Division 909—Regulations

Table of sections
909‑1 Regulations

909‑1  Regulations
  The Governor‑General may make regulations prescribing matters:
 (a) required or permitted by this Act to be prescribed; or
 (b) necessary or convenient to be prescribed for carrying out or giving effect to this Act.

Chapter 6—The Dictionary

Part 6‑1—Concepts and topics

Division 960—General

Table of Subdivisions
960‑B Utilisation of tax attributes
960‑E Entities
960‑M Indexation

Subdivision 960‑B—Utilisation of tax attributes

Table of sections
960‑20 Utilisation—corporate loss carry back

960‑20  Utilisation—corporate loss carry back
 (1) For the purposes of subsection 960‑20(2) of the Income Tax Assessment Act 1997, a tax loss is utilised to the extent that it is carried back under former Division 160 of that Act (which provided for a corporate loss carry back tax offset).
 (2) For the purposes of subsection 960‑20(4) of that Act, net exempt income for an income year is utilised to the extent that, because of it, an amount was reduced under step 2 of the method statement in former subsection 160‑15(2) of that Act (which was about calculating a loss carry back tax offset component).

Subdivision 960‑E—Entities

Table of sections
960‑100 Effect of this Subdivision
960‑105 Entities, and members of entities, benefiting from the application of this Subdivision
960‑110 No taxation consequences to result from changes to managed investment scheme
960‑115 Certain entities treated as agents

960‑100  Effect of this Subdivision
  This Subdivision has effect for the purposes of the Income Tax Assessment Act 1936, the Income Tax Assessment Act 1997, the Taxation Administration Act 1953 and this Act.

960‑105  Entities, and members of entities, benefiting from the application of this Subdivision
 (1) This Subdivision applies to an entity if, and only if:
 (a) the entity is a managed investment scheme for the purposes of the Corporations Law; and
 (b) the scheme has been or is registered by the Australian Securities and Investments Commission under section 601EB of the Corporations Law; and
 (c) the entity was a managed investment scheme as mentioned in paragraph (a) at all times from the commencement of 1 July 1998 until the registration of the scheme as mentioned in paragraph (b); and
 (d) the entity was the same kind of entity immediately before, and immediately after, the scheme was so registered; and
 (e) changes to the scheme that were necessary to be made to enable the scheme to be registered as mentioned in paragraph (b) were made during the period beginning on 1 July 1998 and ending on 30 June 2000 (the transition period); and