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TAX LAWS AMENDMENT (2007 MEASURES NO. 2) ACT 2007 (NO. 78, 2007) - SCHEDULE 5

Specifically listed deductible gift recipients

   

Income Tax Assessment Act 1997

1  Subsection 30‑50(2) (table item 5.2.25)

Omit "27 August 2006", substitute "28 August 2007".

2  Section 30‑65 (table item 7.2.4)

Omit "Voluntary Service to Indigenous Communities Foundation", substitute "Indigenous Community Volunteers Limited".

3  Subsection 30‑80(2) (at the end of the table)

Add:

9.2.18

American Australian Association Limited

the gift must be made after 13 November 2006

4  Section 30‑105 (at the end of the table)

Add:

13.2.12

Bunbury Diocese Cathedral Rebuilding Fund

the gift must be made after 18 December 2006 and before 19 December 2008

5  Subsection 30‑315(2) (after table item 2AC)

Insert:

2AD

American Australian Association Limited

item 9.2.18

6  Subsection 30‑315(2) (after table item 28A)

Insert:

28ABA

Bunbury Diocese Cathedral Rebuilding Fund

item 13.2.12

7  Subsection 30‑315(2) (after table item 60)

Insert:

60A

Indigenous Community Volunteers Limited

item 7.2.4

8  Subsection 30‑315(2) (table item 122A)

Repeal the item.

Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006

9  Item 12 of Schedule 3

Omit " , 5.2.22 and 5.2.25 ", substitute " and 5.2.22 ".


 



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