ITAA 1997 s 701-1(2) and 701-1(3)

Consolidation: MEC group - wholly-owned subsidiary of an eligible tier-1 (ET-1) company ceases to be a member of the MEC group at the same time as the ET-1 company

Consolidation: effect on head company of a consolidated group of an election made by a subsidiary member under section 775-150

Consolidation: treatment of transactions of an offshore branch of a subsidiary member of a consolidated group with other members of the group under the single entity rule