Commonwealth Consolidated Acts Commonwealth Consolidated ActsThis Division provides a tax offset to certain entities as a result of certificates issued under the National Rental Affordability Scheme Act 2008 .
It also ensures that payments made, and non - cash benefits provided, by a State or Territory governmental body in relation to the National Rental Affordability Scheme are not assessable income and not exempt income.
Table of sections
NRAS certificates issued to individuals, corporate tax entities and superannuation funds
380 - 5 Claims by individuals, corporate tax entities and superannuation funds
NRAS certificates issued to NRAS approved participants
380 - 10 Members of NRAS consortiums--individuals, corporate tax entities and superannuation funds
380 - 11 Elections by NRAS approved participants
380 - 12 Elections by NRAS approved participants--tax offsets
380 - 13 Elections by NRAS approved participants--special rule for partnerships and trustees
380 - 14 Members of NRAS consortiums--partnerships and trustees
NRAS certificates issued to partnerships and trustees
380 - 15 Entities to whom NRAS rent flows indirectly
380 - 16 Elections by NRAS approved participants that are partnerships or trustees
380 - 17 Elections by NRAS approved participants that are partnerships or trustees--tax offsets
380 - 18 Elections by NRAS approved participants that are partnerships or trustees--special rule for partnerships and trustees
380 - 20 Trustee of a trust that does not have net income for an income year
380 - 25 When NRAS rent flows indirectly to or through an entity
Miscellaneous
380 - 32 Amended certificates