Treasury Laws Amendment (2020 Measures No. 6) Act 2020 (141 of 2020)

Schedule 4   Minor and technical amendments

Part 2   Amendments commencing first day of first quarter after Royal Assent

Income Tax Assessment Act 1997

99   After section 376-245

Insert:

376-247 Delegation by Arts Minister

(1) The *Arts Minister may, in writing, delegate all or any of the Arts Minister's powers under the provisions mentioned in subsection (2) to:

(a) the *Arts Secretary; or

(b) an SES employee, or acting SES employee, in the Department administered by the Arts Minister.

(2) For the purposes of subsection (1), the provisions are as follows:

(a) section 376-20 (issue of certificate for location offset);

(b) section 376-30 (determination of qualifying Australian production expenditure for location offset);

(c) section 376-45 (issue of certificate for PDV offset);

(d) section 376-50 (determination of qualifying Australian production expenditure for PDV offset);

(e) section 376-235 (notice of refusal to issue certificate for location offset or PDV offset);

(f) section 376-245 (revocation of certificate for location offset or PDV offset).

(3) In exercising powers under a delegation, the delegate must comply with any directions of the Arts Minister.