Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p3
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 3/26)
Character Range: 1228592–1233340

can still require you to lodge an income tax return or information under section 161 of the Income Tax Assessment Act 1936.
Note 3: In all cases the exemption is subject to the special condition in section 50‑47 (about an entity that is an ACNC type of entity).

50‑5  Charity, education and science

Charity, education, science and religion
Item                                      Exempt entity                                                                                                                    Special conditions
1.1                                       registered charity                                                                                                               see sections 50‑50 and 50‑52
1.3                                       scientific institution                                                                                                           see section 50‑55
1.4                                       public educational institution                                                                                                   see section 50‑55
1.6                                       fund established to enable scientific research to be conducted by or in conjunction with a public university or public hospital  see section 50‑65
1.7                                       society, association or club established for the encouragement of science                                                        see section 50‑70

Note 1: Section 50‑52 has the effect that certain charities are exempt from income tax only if they are endorsed under Subdivision 50‑B.
Note 2: Section 50‑80 may affect which item a trust is covered by.

50‑10  Community service

Community service
Item               Exempt entity                                                                                                    Special conditions
2.1                society, association or club established for community service purposes (except political or lobbying purposes)  see section 50‑70

50‑15  Employees and employers

Employees and employers
Item                     Exempt entity                 Special conditions
3.1                      (a) employee association; or  the association:
                         (b) employer association      (a) is registered or recognised under the Fair Work (Registered Organisations) Act 2009 or an *Australian law relating to the settlement of industrial disputes; and
                                                       (b) is located in Australia, and incurs its expenditure and pursues its objectives principally in Australia; and
                                                       (c) complies with all the substantive requirements in its governing rules; and
                                                       (d) applies its income and assets solely for the purpose for which the association is established
3.2                      trade union                   the trade union:
                                                       (a) is located in Australia, and incurs its expenditure and pursues its objectives principally in Australia; and
                                                       (b) complies with all the substantive requirements in its governing rules; and
                                                       (c) applies its income and assets solely for the purpose for which the trade union is established

50‑25  Government

Government
Item        Exempt entity                                                                               Special conditions
5.1         (a) a municipal corporation; or                                                             none
            (b) a *local governing body
5.2         a public authority constituted under an *Australian law                                     none
5.3         a *constitutionally protected fund                                                          none
5.4         a *100% subsidiary of the *Future Fund Board that is incorporated under an *Australian law  the 100% subsidiary only undertakes investment activities that the Future Fund Board is able to undertake

Note: The ordinary and statutory income of a State or Territory body 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