Document ID: chunk:federal_register_of_legislation:C2010C00679:section:1987:p7
Version: federal_register_of_legislation:C2010C00679
Segment Type: section
Provision Reference: s 1987 (pt 7/51)
Character Range: 29341–32065

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 year, statistical data about gifts made to the institution
during the financial year; and
  (b) the institution has a policy of not acting as a mere conduit for the
donation of money or property to other institutions, bodies or persons.";
  (d) by inserting after subsection (6AK) the following subsection:
  "(6AL) A gift to the institution specified in subparagraph (1)(a)(cviii) is
not an allowable deduction under this section unless the gift was made on or
after 26 November 1991 and before 1 July 1992.".

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 8
Register of Cultural Organisations

  8. Section 78AA of the Principal Act is amended by omitting ", Tourism" from
the definitions of "Arts Department" and "Arts Minister" in subsection (1).

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 9

  9. After section 78AA of the Principal Act the following section is
inserted:
Register of Environmental Organisations
(Certification by Environment Minister)
  "78AB.(1) If the Environment Minister is satisfied that a body meets all of
the eligibility criteria for registration as an environmental organisation set
out in subsection (2), the Environment Minister must give a written
certificate to the Treasurer stating that the body is eligible for
registration under this section.
(Eligibility criteria for registration)
  "(2) The eligibility criteria for registration of a body as an environmental
organisation are as follows:
  (a) its principal purpose, or each of its principal purposes, must be an
environmental purpose;
  (b) it must not pay any of its profits or financial surplus, or give any of
its property, to its shareholders, members, beneficiaries, controllers or
owners, as the case requires;
  (c) it must have a public fund (the 'gift fund'):
    (i) to which gifts of money or property for its environmental
purpose or purposes are to be made; and
    (ii) to which any interest on money in the fund is to be credited;
and
    (iii) to which money derived from the property given to the fund
is to be paid; and
    (iv) that does not receive any other money or property; and
    (v) that is used only to support the body's environmental purpose
or purposes;
  (d) it must have rules relating to its gift fund which provide that, in the
event of the winding up of that fund, any surplus assets are to be transferred
to another fund that is on the Register of Environmental Organisations;
  (e) it must agree to give to the Environment