ITAA 1997 s 124-360

Income tax: exchange of shares in Macquarie Bank Limited for shares in Macquarie Group Limited

Income tax: exchange of units in Connell Wagner Holdings Trust for shares in Connell International Group Limited

Income tax: exchange of shares in Bathurst Resources Limited for shares in NZ NewCo

Consolidations: a company interposed between the shareholders and the head companies of two separate consolidated groups