Document ID: chunk:federal_register_of_legislation:C2011C00610:clause:2_1
Version: federal_register_of_legislation:C2011C00610
Segment Type: clause
Provision Reference: sch 2 cl 1
Character Range: 132912–133599

1  (a) the joining entity owed a debt just before the joining time to an entity that was not a *member of the group at the joining time; and                                                                                                     the *total net forgiven amount  applying that total net forgiven amount in accordance with sections 245‑115, 245‑130, 245‑145 and 245‑175
   (b) the loss is wholly or partly attributable to the debt; and
   (c) Subdivision 245‑E (about applying the total net forgiven amount to reduce other amounts) applies in relation to the debt (or another debt that is reasonably connected to the debt) because the debt is *forgiven after the joining time