Tax Laws Amendment (2011 Measures No. 5) Act 2011 (62 of 2011)

Schedule 3 National Rental Affordability Scheme

Insert:

NRAS consortium (short for National Rental Affordability Scheme consortium) means a consortium, joint venture or *non-entity joint venture:

(a) established by one or more contractual *arrangements, the purpose of which are to facilitate the leasing of *NRAS dwellings; and

(b) that is not a *corporate tax entity, a *superannuation fund, a trust or a partnership.