Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-15 - NON-ASSESSABLE INCOME  

Division 50 - Exempt entities  

Subdivision 50-B - Endorsing charitable entities as exempt from income tax  

Endorsing charitable entities as exempt from income tax

SECTION 50-105  

50-105   Endorsement by Commissioner  

The Commissioner must endorse an entity as exempt from income tax if the entity:

(a) is entitled to be endorsed as exempt from income tax; and

(b) has applied for that endorsement in accordance with Division 426 in Schedule 1 to the Taxation Administration Act 1953 .

Note:

For procedural rules relating to endorsement, see Division 426 in Schedule 1 to the Taxation Administration Act 1953 .