Income Tax Assessment Act 1997
View history note
Hide history noteDiv 30 inserted by No 121 of 1997.
Subdiv 30-F repealed by No 40 of 2023, s 3 and Sch 3 item 13, effective 1 January 2024. For transitional provision, see note under s 30-100(1) .
30-300 (Repealed) SECTION 30-300 Meaning of cultural organisation
(Repealed by No 40 of 2023)
S 30-300 repealed by No 40 of 2023, s 3 and Sch 3 item 13, effective 1 January 2024. For transitional provision, see note under s
30-100(1)
. S 30-300 formerly read:
S 30-300(1) substituted by No 110 of 2021, s 3 and Sch 1 item 11, effective 1 October 2021. For application and transitional provisions, see note under s
30-260
. S 30-300(1) formerly read:
that satisfies each requirement in this section. S 30-300(2) amended by No 8 of 2019, s 3 and Sch 11 item 1, by substituting
"
arts or languages of
"
for
"
arts of
"
, effective 1 July 2019. S 30-300(2) amended by No 84 of 2013, s 3 and Sch 1 item 20, by substituting
"
arts of
*
Indigenous persons
"
for
"
Aboriginal arts
"
, effective 28 June 2013. S 30-300(3) substituted for s 30-300(3) and (4) by
No 58 of 2006
, s 3 and Sch 7 item 188, effective 1 July 2004. S 30-300(3) formerly read:
S 30-300(3) amended by No 179 of 1999. S 30-300(3) substituted for s 30-300(3) and (4) by
No 58 of 2006
, s 3 and Sch 7 item 188, effective 1 July 2004. S 30-300(4) formerly read:
S 30-300(6) amended by No 110 of 2014, s 3 and Sch 5 item 25, by substituting
"
Minister
"
for
"
Treasurer
"
, effective 16 October 2014. For transitional provisions see note under s
30-80(1)
. S 30-300(6) amended by No 88 of 2009, s 3 and Sch 5 item 131, by substituting
"
*Arts Minister
"
for
"
Minister for Communications and the Arts
"
, effective 18 September 2009. S 30-300(7) amended by No 88 of 2009, s 3 and Sch 5 item 132 (as amended by No 56 of 2010, s 3 and Sch 6 item 112), by substituting
"
*Arts Secretary
"
for
"
Secretary to the Department of Communications and Arts
"
, effective 18 September 2009.
SECTION 30-300 Meaning of
cultural organisation
30-300(1)
A
cultural organisation
is a *registered charity, or an *Australian government agency, that satisfies each requirement in this section.
30-300(1)
A
cultural organisation
is:
(a)
a body corporate; or
(b)
a trust; or
(c)
an unincorporated body established for a public purpose by the Commonwealth, a State or a Territory;
30-300(2)
Its principal purpose must be the promotion of literature, music, a performing art, a visual art, a craft, design, film, video, television, radio, community arts, arts or languages of
*
Indigenous persons or movable cultural heritage.
30-300(3)
It must maintain a public fund that meets the requirements of section 30-130, or would meet those requirements if the *cultural organisation were a fund, authority or institution.
30-300(3)
It must maintain a public fund:
(a)
to which gifts of money or property for its principal purpose are to be made; and
(b)
to which any money received because of such gifts is to be credited; and
(c)
that does not receive any other money or property.
30-300(4)
(Repealed by
No 58 of 2006
)
30-300(4)
It must use gifts made to the fund, and any money received because of such gifts, only for its principal purpose.
30-300(5)
It must not pay any of its profits or financial surplus, or give any of its property, to its members, beneficiaries, controllers or owners (as appropriate).
30-300(6)
It must have agreed to comply with any rules that the Minister and the *Arts Minister make to ensure that gifts made to the fund are used only for its principal purpose.
30-300(7)
It must have agreed to give the *Arts Secretary, at intervals of 6 months, statistical information about gifts made to the public fund during the last 6 months.
S 30-300 inserted by No 121 of 1997.
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