Document ID: chunk:federal_register_of_legislation:C2010C00679:section:1987:p6
Version: federal_register_of_legislation:C2010C00679
Segment Type: section
Provision Reference: s 1987 (pt 6/51)
Character Range: 26197–29571

assets, transfer of to     160ZZNA
     wholly owned company
    Prospecting and mining rights          160ZZF
    Shares - exchange of shares in the
    same company                           160ZZP
        - exchange of shares in original   160ZZPC
          company for shares in interposed
          company
        - in specie distribution of        160ZZPF
          shares by trustee of public
          trading trust
        - options and rights to acquire    160ZZPAB
          unissued shares affected by
          share splits or share
          consolidations
        - options to shareholders to       160ZYR to 160ZYX
          acquire unissued shares
        - redemption or cancellation       160ZZPD
          of shares in original company
          in exchange for shares in
          interposed company
        - rights to acquire shares         160ZYK to 160ZYQ
    Statutory licence, renewal or          160ZZPE
     extension of
    Strata title conversion                160ZZPG
    Units - exchange of units in the       160ZZPAA
            same unit trust
          - exchange of units in a unit    160ZZPA
            trust for shares in a company
          - options and rights to          160ZZPAC
            acquire unissued units
            affected by unit splits or
            unit consolidations
          - options to unitholders to      160ZYXA to 160ZYXF
            acquire unissued units
          - redemption or cancellation     160ZZPB
            of units in a unit trust in
            exchange for shares in a company
          - rights to acquire units in     160ZYQA to 160ZYQF
            a unit trust
    Wholly owned company, transfer         160ZZN
     of asset to
               "Subdivision B - Interpretation".

Division 3 - Amendments relating to tax-deductible gifts

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 6
Re-location of subsection 51(7A) of the Principal Act (contributions
to registered political parties)

  6. The Principal Act is amended by re-locating and re-numbering subsection
51(7A) of the Principal Act so that:
  (a) it is located after subsection 78(1A) of the Principal Act; and
  (b) it becomes subsection 78(1B) of the Principal Act; and
  (c) its cross-reference to paragraph 78(1)(aaa) becomes a cross-reference to
paragraph (1)(aaa).

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 7
Gifts, pensions etc.

  7. Section 78 of the Principal Act is amended:
  (a) by omitting from subparagraph (1)(a)(cvii) "register" and substituting
"Register of Cultural Organisations";
  (b) by inserting after subparagraph (1)(a)(cvii) the following
subparagraphs:
    "(cviii) The Australia-United States Coral Sea Commemorative
Council Inc.;
    (cix) a fund that, when the gift is made, is on the Register of
Environmental Organisations kept under section 78AB;";
  (c) by inserting after subsection (5) the following subsection:
  "(6) A deduction is not allowable under subparagraph (1)(a)(xliv), (xlvii),
        (lxxiii), (lxxiv) or (civ) for a gift made to an institution during the
financial year commencing on 1 July 1993 or a later financial year unless, at
the time the gift is made:
  (a) the institution has agreed to give to the Department of the Arts, Sport,
the Environment and Territories, within a reasonable period after the end of
the financial