Australian Charities and Not-for-profits Commission (Consequential and Transitional) Act 2012 (169 of 2012)

Schedule 3   Amendments consequential on the establishment of the ACNC

Part 1   Amendments commencing at the same time as the Australian Charities and Not-for-profits Commission Act 2012

A New Tax System (Australian Business Number) Act 1999

2   After subsection 8(1)

Insert:

ACNC types of entities and deductible gift recipients

(1A) Subsections (1B) and (1C) apply if:

(a) you would be entitled to be endorsed under Subdivision 30-BA of the Income Tax Assessment Act 1997 as a deductible gift recipient if you had an *ABN, because you are described (but not by name) in item 1 or 2 of the table in section 30-15; or

(b) you meet the description of a type of entity in column 1 of the table in subsection 25-5(5) of the Australian Charities and Not-for-profits Commission Act 2012.

(1B) The reference in paragraph (1)(a) of this section to *Australia is treated as including a reference to the external Territories.

(1C) The reference in paragraph (1)(b) to *supplies that are*connected with Australia is treated as including a reference to supplies that would be connected with Australia if, for the purposes of section 9-25 of the A New Tax System (Goods and Services Tax) Act 1999, Australia included the external Territories.

Corporations Act companies