27LAutomatic variations so registration is consistent with findings

#### 27L Automatic variations so registration is consistent with findings (1) If an R&D entity is registered under section 27A for an income year, then while a finding is in force: (a) under subsection 27B(1) in relation to the application for the registration; or (b) under subsection 27J(1) in relation to the registration; the registration is taken always to have existed in a form consistent with the finding. > Note 1: This subsection will cease to apply if the finding is set aside on review (see Division 5). > Note 2: A finding has no effect to the extent of any inconsistency with a finding already in force under this Part in relation to the R&D entity (see section 32B). (2) If: (a) a finding under subsection 28A(1) (advance findings about the nature of activities) comes into force for an R&D entity about an activity conducted during an income year; and (b) the R&D entity is later registered under section 27A for the activity for the income year; then, after registration and while the finding is in force, the registration is taken to exist in a form consistent with the finding. > Note 1: This subsection will cease to apply if the finding is set aside on review (see Division 5). > Note 2: A finding has no effect to the extent of any inconsistency with a finding already in force under this Part in relation to the R&D entity (see section 32B). (3) This section has effect for the purposes of this Act and the Income Tax Assessment Act 1997.