Document ID: chunk:federal_register_of_legislation:C2010C00690:clause:1_5
Version: federal_register_of_legislation:C2010C00690
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 89122–90179

5                                                                            Subtract from the result of step 4 the step 5 amount worked out under section 705‑100, which is about certain losses accruing to the joined group before the joining time                      To prevent:
                                                                                                                                                                                                                                                                            (a) a double benefit arising from the losses; and
                                                                                                                                                                                                                                                                            (b) losses that cannot be transferred to the *head company, or are cancelled by the head company, under Subdivision 707‑A being reinstated in an unrealised form or reducing unrealised gains.