Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p4
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 4/26)
Character Range: 1232839–1239033

is exempt: see Division 1AB of Part III of the Income Tax Assessment Act 1936.

50‑30  Health

Health
Item    Exempt entity                                                                                                Special conditions
6.1     public hospital                                                                                              see section 50‑55
6.2     hospital carried on by a society or association                                                              not carried on for the profit or gain of its individual members, see also section 50‑55
6.3     private health insurer within the meaning of the Private Health Insurance (Prudential Supervision) Act 2015  not carried on for the profit or gain of its individual members

50‑35  Mining

Mining
Item    Exempt entity                                                                             Special conditions
7.2     the British Phosphate Commissioners Banaba Contingency Fund (established on 1 June 1981)  none

50‑40  Primary and secondary resources, and tourism

Primary and secondary resources, and tourism
Item                                          Exempt entity                                                                                                                                        Special conditions
8.1                                           a society or association established for the purpose of promoting the development of:                                                                not carried on for the profit or gain of its individual members
                                              (a) aviation; or
                                              (b) tourism
8.2                                           a society or association established for the purpose of promoting the development of any of the following Australian resources:                      not carried on for the profit or gain of its individual members
                                              (a) agricultural resources;
                                              (b) horticultural resources;
                                              (c) industrial resources;
                                              (d) manufacturing resources;
                                              (e) pastoral resources;
                                              (f) viticultural resources;
                                              (g) aquacultural resources;
                                              (h) fishing resources
8.3                                           a society or association established for the purpose of promoting the development of Australian information and communications technology resources  not carried on for the profit or gain of its individual members
8.4                                           Global Infrastructure Hub Ltd                                                                                                                        only amounts included as *ordinary income or *statutory income:
                                                                                                                                                                                                   (a) on or after 24 December 2014; and
                                                                                                                                                                                                   (b) before 1 July 2024

50‑45  Sports, culture and recreation

Sports, culture, film and recreation
Item                                  Exempt entity                                                         Special conditions
9.1                                   a society, association or club established for the encouragement of:  see section 50‑70
                                      (a) animal racing; or
                                      (b) art; or
                                      (c) a game or sport; or
                                      (d) literature; or
                                      (e) music
9.2                                   a society, association or club established for musical purposes       see section 50‑70
9.3                                   ICC Business Corporation FZ‑LLC                                       both of the following:
                                                                                                            (a) the entity is a *wholly‑owned subsidiary of International Cricket Council Limited;
                                                                                                            (b) only amounts included as *ordinary income or *statutory income:
                                                                                                            (i) on or after 1 July 2018; and
                                                                                                            (ii) before 1 July 2023
9.4                                   Fédération Internationale de Football Association                     both of the following:
                                                                                                            (a) only amounts included as *ordinary income or *statutory income:
                                                                                                            (i) on or after 1 July 2020; and
                                                                                                            (ii) before 1 January 2029;
                                                                                                            (b) the ordinary income is *derived from, or the statutory income is from, activities relating to the Fédération Internationale de Football Association (FIFA) Women's World Cup Australia New Zealand 2023
9.5                                   FWWC2023 Pty Ltd                                                      all of the following:
                                                                                                            (a) the entity is a *wholly‑owned subsidiary