Document ID: chunk:federal_register_of_legislation:C2012C00388:clause:12_10
Version: federal_register_of_legislation:C2012C00388
Segment Type: clause
Provision Reference: sch 12 cl 10
Character Range: 85269–86177

10  At the end of section 40‑160
Add:

 (3) Subsection (1) does not apply to a supply by a *gift‑deductible entity endorsed as a deductible gift recipient (within the meaning of the *ITAA 1997) under section 30‑120 of the ITAA 1997, unless:
 (a) the supplier is:
 (i) a charitable institution or a trustee of a charitable fund; or
 (ii) a *government school; or
 (iii) a fund, authority or institution of a kind referred to in paragraph 30‑125(1)(b) of the ITAA 1997; or
 (b) each purpose to which the supply relates is a *gift‑deductible purpose of the supplier.

Note: This subsection denies input taxed status under this section to supplies by certain (but not all) gift‑deductible entities that are only endorsed for the operation of a fund, authority or institution. However, supplies can be input taxed under this section if they relate to the principal purpose of the fund, authority or institution.