Treasury Laws Amendment (2017 Measures No. 2) Regulations 2017 (F2017L01491)

Schedule 1   Exempt entities

Income Tax Assessment Regulations 1997

3   Regulation 50-50.02

Repeal the regulation, substitute:

50-50.02 Prescribed institutions pursuing objectives principally outside Australia

For the purposes of paragraph 50-50(1)(d) of the Act, each institution mentioned in an item in the following table, and each institution that is a member of that institution, is a prescribed institution for the period:

(a) starting on the date specified in column 2 for the item; and

(b) ending on the date specified (if any) in column 3 for the item.

Prescribed institutions pursuing objectives principally outside Australia

Item

Column 1

Column 2

Column 3

 

Name of institution

Starting date

Ending date

1

Alkitab Inc

1 July 1997

 

2

Asia-Pacific Christadelphian Bible Mission Incorporated

1 July 1997

 

3

Australian Advisory Council of the Christian Leaders' Training College of Papua New Guinea

1 July 1997

 

4

Australian Evangelical Alliance Incorporated (Missions Interlink)

1 July 1997

 

5

Steer Incorporated

1 July 1997

 

6

The Trustees of the Marist Missions of the Pacific

1 July 1997

 

7

Zebedee Investments Limited

1 July 1997

 

8

Millennium Relief and Development Services Incorporated

3 September 2001

 

9

The MITRE Corporation

1 July 2016

30 June 2022