Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_15:p14
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 15 (pt 14/39)
Character Range: 1847161–1850053

the other entity when the first entity applies or deals with the amount in any way on the other's behalf or as the other directs.
 (2) An amount is taken to be payable by an entity to another entity if the first entity is required to apply or deal with it in any way on the other's behalf or as the other directs.

425‑25  Non‑cash benefits
  For the purposes of this Part, if an entity (the payer) provides a *non‑cash benefit to another entity (the recipient), the payer is taken to have made a payment of an amount equal to the *market value of the benefit provided.

Part 5‑35—Registration and similar processes for various taxes

Division 426—Process of endorsing charities and other entities

Table of Subdivisions
 Guide to Division 426
426‑A Application of Subdivision 426‑B to various kinds of endorsement
426‑B Process of endorsement etc.
426‑C Entries on Australian Business Register
426‑D Public and private ancillary funds

Guide to Division 426

426‑1  What this Division is about

      This Division sets out procedural rules relating to endorsement of charities and other entities (the conditions for entitlement to endorsement are set out in the GST Act, the Fringe Benefits Tax Assessment Act 1986, and the Income Tax Assessment Act 1997). These rules cover matters such as application for and revocation of endorsement, and entry of the details of endorsement on the Australian Business Register.
      Subdivision 426‑D deals with types of philanthropic trust funds known as public ancillary funds, private ancillary funds and community charity trusts.
      Subdivision 426‑E deals with certain philanthropic companies known as community charity corporations.

Subdivision 426‑A—Application of Subdivision 426‑B to various kinds of endorsement

Table of sections
426‑5 Application of Subdivision 426‑B to various kinds of endorsement
426‑10 How Subdivision 426‑B applies to government entities in relation to endorsement under section 30‑120 of the Income Tax Assessment Act 1997

426‑5  Application of Subdivision 426‑B to various kinds of endorsement
  Subdivision 426‑B applies separately in relation to each of these kinds of endorsement:
 (a) endorsement of an entity as a charity under subsection 176‑1(1) of the *GST Act;
 (ba) endorsement of:
 (i) a fund as an approved worker entitlement fund under subsection 58PB(3) of the Fringe Benefits Tax Assessment Act 1986; or
 (ii) an entity for the operation of a fund as an approved worker entitlement fund under subsection 58PB(3A) of that Act;
 (c) endorsement of an entity as a public benevolent institution under subsection 123C(1) of the Fringe Benefits Tax Assessment Act 1986;
 (e) endorsement of an entity as a health promotion charity under subsection 123D(1) of the Fringe Benefits Tax Assessment Act 1986;
 (f) endorsement of an entity under subsection 123E(1) of the Fringe Benefits Tax Assessment Act