Document ID: chunk:federal_register_of_legislation:C2012A00169:clause:2_124
Version: federal_register_of_legislation:C2012A00169
Segment Type: clause
Provision Reference: sch 2 cl 124
Character Range: 93421–93885

124  Transitional provision—endorsements as charities
An entity that, just before the commencement of this item, was endorsed:
 (a) as a charitable institution under subsection 176‑1(1) of the A New Tax System (Goods and Services Tax) Act 1999; or
 (b) as a trustee of a charitable fund under subsection 176‑5(1) of that Act;
is taken, from that commencement, to have been endorsed as a charity under subsection 176‑1(1) of that Act, as amended by this Schedule.