Income Tax Assessment Act 1997
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Hide history noteSECTION 30-228 Content of receipt for gift or contribution 30-228(1)
If a * deductible gift recipient issues a receipt for a gift described in the relevant item of the table in section 30-15 to the fund, authority or institution, the deductible gift recipient must ensure that the receipt states:
(a) the name of the fund, authority or institution; and
(b) the * ABN (if any) of the deductible gift recipient; and
(c) the fact that the receipt is for a gift.
Note:
If the deductible gift recipient is endorsed as a deductible gift recipient and it contravenes this section, the Commissioner may revoke its endorsement: see section 426-55 in Schedule 1 to the Taxation Administration Act 1953 .
30-228(2)
If a * deductible gift recipient issues a receipt for a contribution described in item 7 of the table in section 30-15 , the deductible gift recipient must ensure that the receipt states:
(a) the name of the deductible gift recipient; and
(b) the * ABN (if any) of the deductible gift recipient; and
(c) the fact that the receipt is for a contribution made in return for a right to attend, or participate in, a specified * fund-raising event; and
(d) if the contribution is money - the amount of the contribution; and
(e) the amount of the * GST inclusive market value, on the day the contribution was made, of the right to attend, or participate in, the fund-raising event.
30-228(3)
For the purposes of paragraph (2)(e), in working out the * GST inclusive market value of the right in question, disregard anything that would prevent or restrict conversion of the right to money.
30-228(4)
If a * deductible gift recipient issues a receipt for a contribution described in item 8 of the table in section 30-15 , the deductible gift recipient must ensure that the receipt states:
(a) the name of the deductible gift recipient; and
(b) the * ABN (if any) of the deductible gift recipient; and
(c) the fact that the receipt is for a contribution made by way of consideration for the supply of goods or services; and
(d) the fact that the contribution was made because the contributor was the successful bidder at an auction that:
(i) was a specified * fund-raising event; or
(ii) was held at a specified fund-raising event; and
(e) if the contribution is money - the amount of the contribution; and
(f) the * GST inclusive market value, on the day the contribution was made, of the goods or services.
30-228(5)
For the purposes of paragraph (4)(f), in working out the * GST inclusive market value of the goods or services in question, disregard anything that would prevent or restrict conversion of the goods or services to money.
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