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

This item applies to an entity that, on the day before the commencement day, is:

endorsed under subsection 123C(1) of the Fringe Benefits Tax Assessment Act 1986 as a public benevolent institution; or

endorsed under Subdivision 30‑BA of the Income Tax Assessment Act 1997 as a deductible gift recipient because the entity is a fund, authority or institution covered by item 4.1.1 of the table in subsection 30‑45(1) of that Act (public benevolent institution).

The Commissioner is treated as having registered the entity on the commencement day under Division 30 of the ACNC Act as:

the type of entity mentioned in column 1 of item 1 of the table in subsection 25‑5(5) of that Act (charity); and

the subtype of entity mentioned in column 2 of item 6 of that table (public benevolent institution).