Income Tax Assessment Amendment Regulations 1999 (No. 2)

(78 of 1999)

12 May 1999

Made under Income Tax Assessment Act 1997

1   Name of regulations

These regulations are the Income Tax Assessment Amendment Regulations 1999 (No. 2).

2   Commencement

These regulations are taken to have commenced on 1 July 1997.

3   Amendment of Income Tax Assessment Regulations 1997

Schedule 1 amends the Income Tax Assessment Regulations 1997.

Schedule 1   Amendment

[1]   After regulation 28-25.01

insert

50-50.01 Prescribed institutions (Act, s 50-50)

For paragraph 50-50 (d) of the Act, the following institutions, and institutions that are their members, are prescribed institutions:

(a) Australian Advisory Council of the Christian Leaders' Training College of Papua New Guinea;

(b) Australian Evangelical Alliance Incorporated (Missions Interlink);

(c) Evangelical Missionary Alliance NSW;

(d) Steer Incorporated;

(e) Zebedee Investments Ltd.

50-55.01 Prescribed institutions (Act, s 50-55)

For paragraph 50-55 (c) of the Act, the following institutions are prescribed institutions until the end of 30 June 2000:

(a) Bar-Ilan University;

(b) Tel-Aviv University;

(c) the Hebrew University of Jerusalem;

(d) the University of Haifa.

50-70.01 Prescribed societies, associations or clubs (Act, s 50-70)

For paragraph 50-70 (c) of the Act, the International Olympic Committee is a prescribed association until the end of 30 June 2002.