Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS  

Division 30 - Gifts or contributions  

Subdivision 30-B - Tables of recipients for deductible gifts  

Education

SECTION 30-35   Rural schools hostel buildings  

30-35(1)    

For the purposes of item 2.1.11 of the table in subsection 30-25(1) , a rural school hostel building is one to which this section applies if it meets the conditions in subsections (2), (3) and (4).

30-35(2)    
The rural school hostel building must be used, or going to be used, principally as residential accommodation for students:

(a) whose usual place of residence is in a rural area; and

(b) who are undertaking primary or secondary education, or special education programs for children with disabilities, at a school in the same area as the building.

30-35(3)    
The costs of the school must be solely or partly funded by the Commonwealth, a State or a Territory.

30-35(4)    
The residential accommodation must be provided by:

(a) the Commonwealth, a State or a Territory; or

(b) a public authority; or

(c) a company that:

(i) is not carried on for the purposes of profit or gain to its individual members; and

(ii) is prohibited by its ^* constitution from making any distribution of money or property to its members.