Taxation Laws Amendment Act (No. 2) 2003 (65 of 2003)

Schedule 5   Exemption for the Commonwealth Games Federation

Income Tax Assessment Act 1936

1   Paragraph 128B(3)(aa)

Repeal the paragraph, substitute:

(aa) income derived by a non-resident that is an overseas charitable institution (within the meaning of section 121C) where the income is exempt under subsection 121ELA(1); or