Document ID: chunk:federal_register_of_legislation:C2012A00018:clause:5_58s
Version: federal_register_of_legislation:C2012A00018
Segment Type: clause
Provision Reference: sch 5 cl 58S
Character Range: 103844–104546

58S  Acquisition of consolidated group by another consolidated group etc.
  If a member of a consolidated group or MEC group (the relinquishing group) becomes a member of another consolidated group or MEC group (the acquiring group) at a particular time (the acquisition time):
 (a) first apply subsection 58R(1) or (2) (as the case requires) in relation to the member ceasing to be a member of the relinquishing group as if section 58P did not apply in relation to the member just after the acquisition time; and
 (b) then apply section 58Q in relation to the member becoming a member of the acquiring group as if section 58P did not apply in relation to the member just before the acquisition time.