Section OP 47 — Income Tax Act 2007: Consolidated ICA final balance

OP 47 Consolidated ICA final balance Debit (1) A consolidated imputation group has an imputation debit for a credit balance in the imputation credit account when the group stops being a consolidated imputation group. Table reference (2) The imputation debit in subsection (1) is referred to in table O20: imputation debits of consolidated imputation groups, row 21 (final balance). Debit date (3) The debit date is the day before the group stops being a consolidated imputation group. Defined in this Act: consolidated imputation group , imputation credit account , imputation debit , Compare: 2004 No 35 s ME 12(1)(j), (2)(h)