Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS  

Division 30 - Gifts or contributions  

Subdivision 30-B - Tables of recipients for deductible gifts  

International affairs

SECTION 30-86   Developed country disaster relief funds  

30-86(1)    
For the purposes of item 9.1.2 of the table in subsection 30-80(1) , a disaster is one to which this subsection applies if the Minister has recognised it as a disaster. The Minister may do so if satisfied that:


(a) it developed rapidly; and


(b) it resulted in the death, serious injury or other physical suffering of a large number of people, or in widespread damage to property or the natural environment.

30-86(2)    
The Minister ' s recognition of an event as a disaster:


(a) must be by notifiable instrument; and


(b) must specify the day (or the first day) of the event.


30-86(3)    
(Repealed by No 64 of 2020)


30-86(4)    


You can deduct a gift that you make to a public fund covered by item 9.1.2 of the table in subsection 30-80(1) only within the 2 years beginning on the day specified in the recognition as the day (or the first day) of the event for which the fund is to provide relief.
Note:

A public fund may also be established for disaster relief of people in Australia (see item 4.1.5 of the table in section 30-45 ).



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