Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 63.27

Application of particular provisions relating to charities etc.

Application of particular provisions

             (1)  For the purposes of the provisions mentioned in subsection (2), a * non-profit sub-entity of an entity (the parent entity ) is taken to be a body of the following type, if the parent entity is a body of that type:

                     (a)  a non-profit body;

                     (b)  a * gift-deductible entity;

                     (c)  a * government school;

                     (d)  an * endorsed charity;

                     (e)  a gift-deductible entity endorsed as a deductible gift recipient (within the meaning of the * ITAA 1997) under section 30-120 of the ITAA 1997;

                      (f)  a fund, authority or institution of a kind referred to in paragraph 30-125(1)(b) of the ITAA 1997;

                     (g)  a body that has a particular * gift-deductible purpose;

                     (h)  a body that operates a particular * retirement village;

                      (i)  a particular * school.

             (2)  The provisions are:

                     (a)  subsection 9-17(2) (gifts to non-profit bodies not consideration); and

                     (b)  Subdivision 38-G (Activities of charities etc.); and

                     (c)  Subdivision 40-E (Schools tuckshops and canteens); and

                     (d)  Subdivision 40-F (fund-raising events); and

                     (e)  section 111-18 (reimbursement of volunteers' expenses); and

                      (f)  section 129-45 (Gifts to gift-deductible entities); and

                     (g)  Division 157 (Accounting basis of charities etc.).

             (3)  To avoid doubt, subsection (1) does not prevent the * non-profit sub-entity being a body of a particular type merely because the parent entity is not a body of that type.



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