Summary
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.