Section OP 19 — Income Tax Act 2007: Consolidated ICA transfer from group’s FDP account

OP 19 Consolidated ICA transfer from group’s FDP account Credit (1) A consolidated imputation group has an imputation credit for an amount equal to the amount transferred under section FM 30(3) and (4) (Application of certain provisions to consolidated groups) from the FDP account of a consolidated group. Table reference (2) The imputation credit in subsection (1) is referred to in table O19: imputation credits of consolidated imputation groups, row 14 (transfer from consolidated group’s FDP account). Credit date (3) The credit date is the same as the debit date for the transfer. Defined in this Act: amount , consolidated group , consolidated imputation group , FDP account , imputation credit , Compare: 2004 No 35 s ME 11(1)(g), (2)(d)