Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:1_30:p3
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 1 cl 30 (pt 3/3)
Character Range: 91350–92658

was a *listed public company throughout the test period; and
 (c) there is no *substantial continuity of ownership of the subsidiary as between the start of the test period and the *test time;
the following paragraphs have effect:
 (d) the test time is taken to have been a changeover time or an alteration time, as the case may be, in respect of the subsidiary; but
 (e) no other time during the test period is a changeover time or an alteration time, as the case may be, in respect of the subsidiary.

 (5) Subdivisions 166‑D, 166‑F and 166‑G apply to the subsidiary as if:
 (a) the subsidiary were itself a *listed public company throughout the *test period; and
 (b) an *abnormal trading in *shares in the holding company were an abnormal trading in shares in the subsidiary.

166‑90  Companies can choose that this Subdivision is not to apply to them

 (1) The *listed public company or subsidiary can choose that Subdivision 165‑CC or 165‑CD is to apply to it in respect of a *test period for the purposes of section 166‑80 or 166‑85 without the modifications made by this Subdivision.

 (2) The *listed public company or subsidiary must choose on or before the day it lodges its *income tax return for the income year in which the *test period begins or before a later day if the Commissioner allows.