Section OP 60 — Income Tax Act 2007: Consolidated FDPA credit transfer to company

OP 60 Consolidated FDPA credit transfer to company Credit (1) A consolidated FDP group has an FDP credit for the amount of an FDP credit shown in a credit transfer notice given to a company that is part of the consolidated FDP group when the notice is given. Table reference (2) The FDP credit in subsection (1) is referred to in table O21: FDP credits of consolidated imputation groups, row 6 (credit transfer). Credit date (3) The credit date is the day the notice is given. Defined in this Act: amount , company , consolidated FDP group , credit transfer notice , FDP credit , Compare: 2004 No 35 s MG 14(1)(bb), (2)(ab)