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 2   Amendment of the Taxation Administration Act 1953

Taxation Administration Act 1953

8   Section 426-1 in Schedule 1

Omit:

Subdivision 426-D deals with types of philanthropic trust funds known as public ancillary funds and private ancillary funds .

substitute:

Subdivision 426-D deals with types of philanthropic trust funds known as public ancillary funds , private ancillary funds and community charity trusts .

Subdivision 426-E deals with certain philanthropic companies known as community charity corporations .