s 166
In forceParagraphs 45B(9)(b) and (c) of Schedule 1
Part 1.6Interaction with Australian Charities and Not‑for‑profits Commission Act 2012
166 Paragraphs 45B(9)(b) and (c) of Schedule 1
Repeal the paragraphs, substitute:
(b)
both of the following subparagraphs apply:
(i)
the person who required or requires the covenant to be given was or is, at that time, a registered charity;
(ii)
the covenant was or is required to be given for or in accordance with the purposes or objects of that registered charity; or
(c)
both of the following subparagraphs apply:
(i)
the covenant was or is required to be given in pursuance of a legally enforceable requirement made by a registered charity;
(ii)
that legally enforceable requirement was or is made for or in accordance with the purposes or objects of that registered charity.
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