Document ID: chunk:federal_register_of_legislation:C2012C00388:clause:12_15
Version: federal_register_of_legislation:C2012C00388
Segment Type: clause
Provision Reference: sch 12 cl 15
Character Range: 91256–91742

15  Section 195‑1
Insert:

gift‑deductible purpose, of an entity, means a purpose that is the principal purpose of:
 (a) if the entity legally owns a fund for the operation of which the entity is entitled, under subsection 30‑125(2) of the *ITAA 1997, to be so endorsed—that fund; or
 (b) if the entity includes an authority or institution for the operation of which the entity is entitled, under subsection 30‑125(2) of the ITAA 1997, to be so endorsed—that authority or institution.