Explanatory Memorandum(Circulated by authority of the Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP)
Statement of Compatibility with Human Rights
Prepared in accordance with Part 3 of the Human Rights (Parliamentary Scrutiny) Act 2011
Treasury Laws Amendment (Bourke Street Fund) Bill 2017
1.13 The Treasury Laws Amendment (Bourke Street Fund) Bill 2017 (the Bill) is compatible with the human rights and freedoms recognised or declared in the international instruments listed in section 3 of the Human Rights (Parliamentary Scrutiny) Act 2011 .
1.14 The Bill amends the ITAA 1997 to include the Bourke Street Fund on the list of deductible gift recipients. This allows members of the public to make tax deductible gifts to the Bourke Street Fund.
Human rights implications
1.15 The Bill does not engage any of the applicable rights or freedoms.
1.16 The Bill is compatible with human rights as it does not raise any human rights issues.