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Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-15 - NON-ASSESSABLE INCOME  

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Division 50 - Exempt entities  

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Subdivision 50-A - Various exempt entities  

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SECTION 50-45   Sports, culture and recreation  

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Sports, culture, film and recreation
Item Exempt entity Special conditions
9.1 a society, association or club established for the encouragement of: see section 50-70
  (a) animal racing; or  
  (b) art; or  
  (c) a game or sport; or  
  (d) literature; or  
  (e) music  
.
9.2 a society, association or club established for musical purposes see section 50-70
.
9.3 ICC Business Corporation FZ-LLC both of the following:
    (a) the entity is a * wholly-owned subsidiary of International Cricket Council Limited;
    (b) only amounts included as * ordinary income or * statutory income:
    (i) on or after 1 July 2018; and
    (ii) before 1 July 2023
9.4 F é d é ration Internationale de Football Association both of the following:
    (a) only amounts included as * ordinary income or * statutory income:
    (i) on or after 1 July 2020; and
    (ii) before 1 January 2029;
    (b) the ordinary income is * derived from, or the statutory income is from, activities relating to the F é d é ration Internationale de Football Association (FIFA) Women ' s World Cup Australia New Zealand 2023
9.5 FWWC2023 Pty Ltd all of the following:
    (a) the entity is a * wholly-owned subsidiary of the F é d é ration Internationale de Football Association;
    (b) only amounts included as * ordinary income or * statutory income:
    (i) on or after 1 July 2020; and
    (ii) before 1 January 2029;
    (c) the ordinary income is * derived from, or the statutory income is from, activities relating to the F é d é ration Internationale de Football Association (FIFA) Women ' s World Cup Australia New Zealand 2023
9.6 Rugby Australia Ltd both of the following:
    (a) only amounts included as * ordinary income or * statutory income:
        (i) on or after 1 July 2023; and
        (ii) before 1 July 2031;
    (b) the ordinary income is * derived from, or the statutory income is from, activities relating to the men ' s Rugby World Cup 2027 or the women ' s Rugby World Cup 2029
9.7 Rugby World Cup (Australia) Pty Ltd both of the following:
    (a) only amounts included as * ordinary income or * statutory income:
        (i) on or after 1 July 2023; and
        (ii) before 1 July 2031;
    (b) the ordinary income is * derived from, or the statutory income is from, activities relating to the men ' s Rugby World Cup 2027 or the women ' s Rugby World Cup 2029
9.8 Rugbypass Limited all of the following:
    (a) the entity is a * wholly-owned subsidiary of World Rugby;
    (b) only amounts included as * ordinary income or * statutory income:
        (i) on or after 1 July 2023; and
        (ii) before 1 July 2031;
    (c) the ordinary income is * derived from, or the statutory income is from, activities relating to the men ' s Rugby World Cup 2027 or the women ' s Rugby World Cup 2029
9.9 RWC2003 Limited all of the following:
    (a) the entity is a * wholly-owned subsidiary of World Rugby;
    (b) only amounts included as * ordinary income or * statutory income:
        (i) on or after 1 July 2023; and
        (ii) before 1 July 2031;
    (c) the ordinary income is * derived from, or the statutory income is from, activities relating to the men ' s Rugby World Cup 2027 or the women ' s Rugby World Cup 2029
9.10 World Rugby both of the following:
    (a) only amounts included as * ordinary income or * statutory income:
        (i) on or after 1 July 2023; and
        (ii) before 1 July 2031;
    (b) the ordinary income is * derived from, or the statutory income is from, activities relating to the men ' s Rugby World Cup 2027 or the women ' s Rugby World Cup 2029
9.11 World Rugby Events Designated Activity Company all of the following:
    (a) the entity is a * wholly-owned subsidiary of World Rugby;
    (b) only amounts included as * ordinary income or * statutory income:
        (i) on or after 1 July 2023; and
        (ii) before 1 July 2031;
    (c) the ordinary income is * derived from, or the statutory income is from, activities relating to the men ' s Rugby World Cup 2027 or the women ' s Rugby World Cup 2029
9.12 World Rugby Limited all of the following:
    (a) the entity is a * wholly-owned subsidiary of World Rugby;
    (b) only amounts included as * ordinary income or * statutory income:
        (i) on or after 1 July 2023; and
        (ii) before 1 July 2031;
    (c) the ordinary income is * derived from, or the statutory income is from, activities relating to the men ' s Rugby World Cup 2027 or the women ' s Rugby World Cup 2029
9.13 World Rugby Tournaments Limited all of the following:
    (a) the entity is a * wholly-owned subsidiary of World Rugby;
    (b) only amounts included as * ordinary income or * statutory income:
        (i) on or after 1 July 2023; and
        (ii) before 1 July 2031;
    (c) the ordinary income is * derived from, or the statutory income is from, activities relating to the men ' s Rugby World Cup 2027 or the women ' s Rugby World Cup 2029

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