Document ID: chunk:federal_register_of_legislation:C2025C00029:section:5
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 5
Character Range: 5893259–5894412

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.