Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Paragraphs 29 - 50(1)(a) and (ab) and subsection 29 - 50(3) do not apply in relation to any * endorsed charity, any * gift - deductible entity or any * government school.
(3) This section does not apply in relation to a * gift - deductible entity endorsed as a deductible gift recipient (within the meaning of the * ITAA 1997) under section 30 - 120 of the ITAA 1997, unless the entity is:
(a) an * endorsed charity; or
(b) a * government school; or
(c) a fund, authority or institution of a kind referred to in paragraph 30 - 125(1)(b) of the ITAA 1997.
Note: This subsection excludes from this section certain (but not all) gift - deductible entities that are only endorsed for the operation of a fund, authority or institution.