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OP 104B: Consolidated BETA group with debit balance, including debits from conduit relief, in certain income years
or “Outdated rule for handling tax debits in certain company groups”
You could also call this:

“How a group of companies used to pay a specific tax using a consolidated account”

You can no longer use this part of the law. It was about how a group of companies could pay a certain tax called FDP using something called a consolidated BETA. The government removed this section from the law on 30 June 2009. If you need to know more about paying taxes for a group of companies, you should look at other parts of the Income Tax Act 2007 or ask a tax expert for help.

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Next up: OP 106: Consolidated BETA reduction of FDP

or “Removal of tax reduction option for consolidated company groups”
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Part O Memorandum accounts
Memorandum accounts of consolidated groups: Branch equivalent tax debits of consolidated BETA groups

OP 105Consolidated BETA payment of FDP (Repealed)

    Notes
    • Section OP 105: repealed (with effect on 30 June 2009), on , by section 479(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).