Income Tax Assessment Act 1936
PART III
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LIABILITY TO TAXATION
Division 6C
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Income of certain public trading trusts
SECTION 102MD
102MD
EXEMPT INSTITUTION THAT IS ELIGIBLE FOR A REFUND NOT TREATED AS EXEMPT ENTITY
For the purposes of this Division, treat an entity as not being an exempt entity if:
(a) the entity is an exempt institution that is eligible for a refund (within the meaning of the Income Tax Assessment Act 1997 ); or
(b) the entity is treated as such an exempt institution that is eligible for a refund.
View history note
Hide history noteFor the purposes of this Division, treat an entity as not being an exempt entity if:
(a) the entity is an exempt institution that is eligible for a refund (within the meaning of the Income Tax Assessment Act 1997 ); or
(b) the entity is treated as such an exempt institution that is eligible for a refund.
Example:
The Future Fund Board is treated as an exempt institution that is eligible for a refund for the purposes of the Income Tax Assessment Act 1997 (see section 84B of the Future Fund Act 2006 ).