Tax Laws Amendment (2013 Measures No. 2) Act 2013 (124 of 2013)

Schedule 11  

Part 5   Other amendments

Income Tax Assessment Act 1997

35   Section 30-60

Repeal the section, substitute:

30-60 Gifts to a National Parks body or conservation body must satisfy certain requirements

You can deduct a gift that you make to an environmental institution covered by any of table items 6.2.1 to 6.2.12 or 6.2.22 in subsection 30-55(2) only if, at the time of making the gift:

(a) if the institution is not a *registered charity - the institution has agreed to give the *Environment Secretary, within a reasonable period after the end of the income year in which you made the gift, statistical information about gifts made to the institution during that income year; and

(b) the institution has a policy of not acting as a mere conduit for the donation of money or property to other entities.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).