Tax Laws Amendment (2013 Measures No. 2) Act 2013 (124 of 2013)
Schedule 11
Part 5 Other amendments
Income Tax Assessment Act 1997
37 Section 50-15 (cell at table item 3.2, column headed "Special conditions")
Repeal the cell, substitute:
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the trade union: (a) is located in Australia, and incurs its expenditure and pursues its objectives principally in Australia; and (b) complies with all the substantive requirements in its governing rules; and (c) applies its income and assets solely for the purpose for which the trade union is established |