Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-15 - NON-ASSESSABLE INCOME  

Division 50 - Exempt entities  

Subdivision 50-A - Various exempt entities  

SECTION 50-40   Primary and secondary resources, and tourism  



Primary and secondary resources, and tourism
Item Exempt entity Special conditions
8.1 a society or association established for the purpose of promoting the development of: not carried on for the profit or gain of its individual members
  (a) aviation; or  
  (b) tourism  
.
8.2 a society or association established for the purpose of promoting the development of any of the following Australian resources: not carried on for the profit or gain of its individual members
  (a) agricultural resources;  
  (b) horticultural resources;  
  (c) industrial resources;  
  (d) manufacturing resources;  
  (e) pastoral resources;  
  (f) viticultural resources;  
  (g) aquacultural resources;  
  (h) fishing resources  
.
8.3 a society or association established for the purpose of promoting the development of Australian information and communications technology resources not carried on for the profit or gain of its individual members
.
8.4 (Repealed by No 70 of 2015)  


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.