Document ID: chunk:federal_register_of_legislation:C2025C00029:section:4:p71
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 4 (pt 71/95)
Character Range: 5731809–5734764

for MEC groups
How Subdivision 165‑CC applies to MEC groups
719‑700 Changeover times under section 165‑115C or 165‑115D
719‑705 Additional changeover times for head company of MEC group
How Subdivision 165‑CD applies to MEC groups
719‑720 Alteration times under section 165‑115L or 165‑115M
719‑725 Additional alteration times for head company of MEC group
719‑730 Some alteration times only affect interests in top company
719‑735 Some alteration times affect only pooled interests
719‑740 Head company does not have relevant equity or debt interest in a loss company if widely held top company does not have such an interest
How indirect value shifting rules apply to a MEC group
719‑755 Effect on MEC group cost setting rules if head company is losing entity or gaining entity for indirect value shift
Cancelling loss on realisation event for direct or indirect interest in a subsidiary member of a MEC group
719‑775 Cancellation of loss
719‑780 Exception for pooled interests in eligible tier‑1 companies
719‑785 Exception for interests in top company
719‑790 Exception for interests in entity leaving MEC group
719‑795 Exception if loss attributable to certain matters
Division 721—Liability for payment of tax where head company fails to pay on time
Guide to Division 721
721‑1 What this Division is about
Object
721‑5 Object of this Division
When this Division operates
721‑10 When this Division operates
Joint and several liability of contributing member
721‑15 Head company and contributing members jointly and severally liable to pay group liability
721‑17 Notice of joint and several liability for general interest charge
721‑20 Limit on liability where group first comes into existence
Tax sharing agreements
721‑25 When a group liability is covered by a tax sharing agreement
721‑30 TSA contributing members liable for contribution amounts
721‑32 Notice of general interest charge liability under TSA
721‑35 When a TSA contributing member has left the group clear of the group liability
721‑40 TSA liability and group liability are linked

Chapter 3—Specialist liability rules

Part 3‑80—Roll‑overs applying to assets generally

Division 615—Roll‑overs for business restructures

Table of Subdivisions
615‑A Choosing to obtain roll‑overs
615‑B Further requirements for choosing to obtain roll‑overs
615‑C Consequences of roll‑overs
615‑D Consequences for the interposed company

Guide to Division 615

615‑1  What this Division is about

      You can choose for transactions under a scheme to restructure a company's or unit trust's business to be tax neutral if, under the scheme:
             (a) you cease to own shares in the company or units in the trust; and
             (b) in exchange, you become the owner of new shares in another company.

Subdivision 615‑A—Choosing to obtain roll‑overs

Table of sections
615‑5 Disposing of interests in one entity for shares in a company
615‑10 Redeeming or cancelling interests in one entity