Document ID: chunk:federal_register_of_legislation:C2011C00698:clause:5_53
Version: federal_register_of_legislation:C2011C00698
Segment Type: clause
Provision Reference: sch 5 cl 53
Character Range: 93270–94170

53  Subsection 995‑1(1)
Insert:

stick entity:
 (a) in relation to a *consolidated group—means a *member of the group that is:
 (i) the *head company of the group; or
 (ii) a chosen transitional entity (within the meaning of Division 701 of the Income Tax (Transitional Provisions) Act 1997); or
 (iii) a transitional foreign‑held subsidiary (within the meaning of Division 701C of the Income Tax (Transitional Provisions) Act 1997); or
 (b) in relation to a *MEC group—means a member of the group that is:
 (i) the head company of the group; or
 (ii) a chosen transitional entity (within the meaning of Division 701 of the Income Tax (Transitional Provisions) Act 1997); or
 (iii) a transitional foreign‑held subsidiary (within the meaning of Division 701C of the Income Tax (Transitional Provisions) Act 1997); or
 (iv) an *eligible tier‑1 company.

Income Tax (Transitional Provisions) Act 1997