Document ID: chunk:federal_register_of_legislation:C2011A00147:clause:6_6
Version: federal_register_of_legislation:C2011A00147
Segment Type: clause
Provision Reference: sch 6 cl 6
Character Range: 32732–33354

6  Transitional provision—completion times and transfer events
For the purposes of subsection 310‑45(3) of the Income Tax Assessment Act 1997, as in force just after the commencement of item 1 of Schedule 2 to the Tax Laws Amendment (2009 Measures No. 6) Act 2010:
 (a) treat the completion time for a losses choice as occurring in the 2010‑11 income year, if the completion time happens during the period:
 (i) starting on 1 July 2010; and
 (ii) ending on 30 September 2011; and
 (b) treat a transfer event as happening in that income year for the transferring entity, if the transfer event happens during that period.