Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Act 2024 (52 of 2024)

Schedule 3   New class of deductible gift recipients

Part 1   Amendment of the Income Tax Assessment Act 1997

Income Tax Assessment Act 1997

3   Paragraph 30-125(1)(d)

Repeal the paragraph, substitute:

(d) in the case of an *ancillary or community charity trust fund - the fund and all of its trustees comply with the rules in the *applicable trust fund guidelines; and

(e) in the case of a *community charity corporation - the corporation and all of its directors comply with the rules in the *community charity corporation guidelines.