Income Tax Assessment Act 1997
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| Primary and secondary resources, and tourism | ||
| Item | Exempt entity | Special conditions |
| 8.1 | a society or association established for the purpose of promoting the development of: | not carried on for the profit or gain of its individual members |
| (a) aviation; or | ||
| (b) tourism | ||
| . | ||
| 8.2 | a society or association established for the purpose of promoting the development of any of the following Australian resources: | not carried on for the profit or gain of its individual members |
| (a) agricultural resources; | ||
| (b) horticultural resources; | ||
| (c) industrial resources; | ||
| (d) manufacturing resources; | ||
| (e) pastoral resources; | ||
| (f) viticultural resources; | ||
| (g) aquacultural resources; | ||
| (h) fishing resources | ||
| . | ||
| 8.3 | a society or association established for the purpose of promoting the development of Australian information and communications technology resources | not carried on for the profit or gain of its individual members |
| . | ||
| 8.4 | Global Infrastructure Hub Ltd | only amounts included as *ordinary income or *statutory income:
(a) on or after 24 December 2014; and (b) before 1 July 2024 |
[ CCH Note: S 50-40 will be amended by No 70 of 2015 (as amended by No 49 of 2019), s 3 and Sch 4 item 4, by repealing table item 8.4, effective 1 July 2025.]
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