Document ID: chunk:federal_register_of_legislation:C2025C00029:section:7:p1
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 7 (pt 1/3)
Character Range: 514451–520038

7                                  A *deductible gift recipient that is a fund, authority or institution covered by item 1 or 2 of this table.                 A contribution of:                                                                                                                                                                                                   (a) if the contribution is money—the amount of the contribution, reduced by the *GST inclusive market value, on the day you made the contribution, of the right to attend, or participate in, the fund‑raising event; or                                                                                                                                                                           (a) if the contribution is money—the GST inclusive market value, on the day you made the contribution, of the right to attend, or participate in, the fund‑raising event must not exceed the lesser of:
                                                                                                                                                               (a) money, if the amount is more than $150; or                                                                                                                                                                       (b) if the contribution is property that you purchased during the 12 months before making the contribution—the lesser of:                                                                                                                                                                                                                                                                           20% of the amount of the contribution; and
                                                                                                                                                               (b) property that you purchased during the 12 months before making the contribution, if the lesser of:                                                                                                                the market value of the property on the day you made the contribution; and                                                                                                                                                                                                                                                                                                                        $150; and
                                                                                                                                                                the *market value of the property on the day you made the contribution; and                                                                                                                                         the amount you paid for the property;
                                                                                                                                                                the amount you paid for the property;                                                                                                                                                                               reduced by the GST inclusive market value, on the day you made the contribution, of the right to attend, or participate in, the fund‑raising event; or
                                                                                                                                                                is more than $150; or
                                                                                                                                                               (c) property valued by the Commissioner at more than $5,000, if you did not purchase the property during the 12 months before making the contribution; or
                                                                                                                                                               (ca) *shares that you have acquired in a *listed public company if:                                                                                                                                                  (c) if the contribution is property valued by the Commissioner at more than $5,000 and you did not purchase the property during the 12 months before making the contribution—the value of the property as determined by the Commissioner, reduced by the GST inclusive market value, on the day you made the contribution, of the right to attend, or participate in, the fund‑raising event; or   (b) if the contribution is property that you purchased during the 12 months before making the contribution—the GST inclusive market value, on the day you made the contribution, of the right to attend, or participate in, the fund‑raising event must not exceed the lesser of:
                                                                                                                                                                the shares are listed for quotation in the official list of a stock exchange that is listed under the heading "Australia" in regulations made for the purposes of the definition of *approved stock exchange; and  (ca) if the contribution is shares described in paragraph (ca) of the previous column—the market value of the shares on the day you made the contribution, reduced by the GST inclusive market value, on the day you made