Document ID: chunk:federal_register_of_legislation:C2025C00120:section:123c
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 123C
Character Range: 396193–396860

123C  Endorsement by Commissioner as public benevolent institution
 (1) The Commissioner must endorse an entity as a public benevolent institution if:
 (a) the entity is entitled to be endorsed as a public benevolent institution (see subsection (2)); and
 (b) the entity has applied for that endorsement in accordance with Division 426 in Schedule 1 to the Taxation Administration Act 1953.
 (2) An entity is entitled to be endorsed as a public benevolent institution if the entity:
 (a) is a registered public benevolent institution; and
 (b) has an ABN; and
 (c) is not an employer in relation to which step 2 of the method statement in subsection 5B(1E) applies.