- Originating house
- House of Representatives
- Parliament no
- Amends the:
Financial Sector (Transfers of Business) Act 1999 to: facilitate the adoption of a non-operating holding company as the ultimate holding company of a financial group in Australia; and rename it as the
Financial Sector (Business Transfer and Group Restructures) Act 1999;
Income Tax Assessment Act 1997 to: remove tax impediments preventing financial groups containing authorised deposit-taking institutions from restructuring; and make consequential amendments to two other Acts.
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