Tax Laws Amendment (2011 Measures No. 2) Act 2011 (41 of 2011)

Schedule 5  

Part 6   Deductible gift recipients

Division 1   Amendments commencing on Royal Assent

Income Tax Assessment Act 1997

50   Transitional provision - endorsement as deductible gift recipients

(1) Treat Breast Cancer Network Australia and Indigenous Community Volunteers Limited as having been endorsed as deductible gift recipients under section 30-120 of the Income Tax Assessment Act 1997 at the commencement of this item.

(2) To avoid doubt, subitem (1) does not prevent the Commissioner from revoking either or both of those endorsements at a later time under section 426-55 in Schedule 1 to the Taxation Administration Act 1953.