Australian Charities and Not-for-profits Commission (Consequential and Transitional) Act 2012 (169 of 2012)

Schedule 2   References to charities etc.

Part 4   Goods and services tax

A New Tax System (Goods and Services Tax) Act 1999

124   Transitional provision - endorsements as charities

An entity that, just before the commencement of this item, was endorsed:

(a) as a charitable institution under subsection 176-1(1) of the A New Tax System (Goods and Services Tax) Act 1999; or

(b) as a trustee of a charitable fund under subsection 176-5(1) of that Act;

is taken, from that commencement, to have been endorsed as a charity under subsection 176-1(1) of that Act, as amended by this Schedule.