Tax Laws Amendment (2013 Measures No. 2) Act 2013 (124 of 2013)
Schedule 11
Part 5 Other amendments
Income Tax Assessment Act 1997
36 Section 50-15 (at the end of the cell at table item 3.1, column headed "Special conditions")
Add:
; and (c) complies with all the substantive requirements in its governing rules; and (d) applies its income and assets solely for the purpose for which the association is established |
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