Document ID: chunk:federal_register_of_legislation:C2004C01086:clause:7_7:p1
Version: federal_register_of_legislation:C2004C01086
Segment Type: clause
Provision Reference: sch 7 cl 7 (pt 1/6)
Character Range: 199510–202330

7  After Subdivision 30‑B
Insert:

Subdivision 30‑BA—Endorsement of deductible gift recipients

Guide to Subdivision 30‑BA

30‑115  What this Subdivision is about

       This Subdivision sets out rules about endorsement of entities and government entities as deductible gift recipients. Endorsement of an entity described (except by name) in Subdivision 30‑A, 30‑B or 30‑D lets you deduct a gift you make to a fund, authority or institution that is, or is operated by, the entity.

Table of sections

Endorsement as a deductible gift recipient

30‑120 Endorsement by Commissioner
30‑125 Entitlement to endorsement
30‑130 Applying for endorsement
30‑135 Dealing with an application for endorsement
30‑140 Notifying outcome of application for endorsement
30‑145 Date of effect of endorsement
30‑150 Review of refusal of endorsement
30‑155 Checking entitlement to endorsement
30‑160 Telling Commissioner of loss of entitlement to endorsement
30‑165 Partnerships and unincorporated bodies
30‑170 Revoking endorsement
30‑175 Review of revocation of endorsement

Government entities treated like entities

30‑180 How this Subdivision applies to government entities

[This is the end of the Guide.]

Endorsement as a deductible gift recipient

30‑120  Endorsement by Commissioner

  If an entity applies for it, the Commissioner must endorse the entity:
 (a) as a *deductible gift recipient, if the entity is entitled to be endorsed as a deductible gift recipient; or
 (b) as a *deductible gift recipient for the operation of a fund, authority or institution, if the entity is entitled to be endorsed as a deductible gift recipient for the operation of the fund, authority or institution.

30‑125  Entitlement to endorsement

Endorsement of an entity that is a fund, authority or institution

 (1) An entity is entitled to be endorsed as a *deductible gift recipient if the entity:
 (a) has an *ABN; and
 (b) is a fund, authority or institution that:
 (i) is described (but not by name) in item 1, 2 or 4 of the table in section 30‑15; and
 (ii) is not described by name in Subdivision 30‑B if it is described in item 1 of that table; and
 (iii) meets the relevant conditions (if any) identified in the column headed "Special conditions" of the item of that table in which it is described; and
 (c) meets the requirements of subsections (4), (5) and (6).

Endorsement of an entity for operating a fund, authority etc.

 (2) An entity is entitled to be endorsed as a *deductible gift recipient for the operation of a fund, authority or institution that is described (but not by name) in item 1, 2 or 4 of the table in section 30‑15 and is not described by name in Subdivision 30‑B if:
 (a) the entity has an *ABN; and
 (b) the entity:
 (i) legally owns the fund; or
 (ii) includes the authority or institution; and