Terms used
48 Terms used
In this Part —
eligible recipient means a deductible gift recipient —
listed in item 1 of the Table to the Income Tax Assessment Act 1997 (Commonwealth) section 30‑15; and
that is not a charity due to its connection with government or by being a government entity but would be a charity if it did not have the connection with government or it was not a government entity;
former commencement day means the day on which the Charitable Trusts Amendment Act 2011 came into operation;
former prescribed power means a prescribed power as defined in the Charitable Trusts Act 1962 section 22D(1);
government entity has the meaning given in the Charities Act 2013 (Commonwealth) section 4;
prescribed power, for a prescribed trust, means a power referred to in section 49 or 50;
prescribed trust means —
a fund referred to in item 2 of the Table to the Income Tax Assessment Act 1997 (Commonwealth) section 30‑15, whether created before, on or after former commencement day; or
a trust that is established and maintained for charitable or philanthropic purposes and is of a class prescribed by the regulations, whether created before, on or after former commencement day;
trust instrument, in relation to a prescribed trust, means the will or instrument of trust establishing the prescribed trust, as modified by all validly executed amendments.
This provision refers to the regulations (prescribed by the regulations
). Made under this Act:
This Act’s bill:Explanatory memorandumSecond reading speech
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