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

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Subdivision 30-B - Tables of recipients for deductible gifts

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Environment

SECTION 30-60

30-60 Gifts to a National Parks body or conservation body must satisfy certain requirements

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You can deduct a gift that you make to an environmental institution covered by any of table items 6.2.1 to 6.2.12 or 6.2.22 in subsection 30-55(2) only if, at the time of making the gift, the institution has a policy of not acting as a mere conduit for the donation of money or property to other entities.

(a) (Repealed by No 40 of 2023)

(b) (Repealed by No 40 of 2023)

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History

S 30-60 amended by No 40 of 2023, s 3 and Sch 3 items 2 and 3, by substituting " gift, the institution has a policy of not acting as a mere conduit for the donation of money or property to other entities. " for " gift: " and repealing para (a) and (b), effective 1 January 2024. For transitional provision, see note under s 30-55(1) . Para (a) and (b) formerly read:

(a) if the institution is not a * registered charity - the institution has agreed to give the * Environment Secretary, within a reasonable period after the end of the income year in which you made the gift, statistical information about gifts made to the institution during that income year; and

(b) the institution has a policy of not acting as a mere conduit for the donation of money or property to other entities.

S 30-60 substituted by No 124 of 2013, s 3 and Sch 11 item 35, applicable in relation to income years starting on or after 30 June 2013. S 30-60 formerly read:

SECTION 30-60 Gifts to a National Parks body or conservation body must satisfy certain requirements
30-60
You can deduct a gift that you make to:

(a) an environmental institution covered by any of the items 6.2.1 to 6.2.12 of the table in subsection 30-55(2) ; or

(b) the World Wide Fund for Nature;
only if, at the time of making the gift:

(c) the institution or Fund has agreed to give the *Environment Secretary, within a reasonable period after the end of the income year in which you made the gift, statistical information about gifts made to the institution or Fund during that income year; and

(d) the institution or Fund has a policy of not acting as a mere conduit for the donation of money or property to other institutions, bodies or persons.

S 30-60 amended by No 143 of 2007 , s 3 and Sch 7 item 23, by substituting " *Environment Secretary " for " Secretary to the Department of the Environment, Sport and Territories " in para (c), effective 24 September 2007.

S 30-60 inserted by No 121 of 1997.

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