Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 63.27

Application of particular provisions

  (1)   For the purposes of the provisions mentioned in subsection   (2), a * non - profit sub - entity of an entity (the parent entity ) is taken to be a body of the following type, if the parent entity is a body of that type:

  (a)   a non - profit body;

  (b)   a * gift - deductible entity;

  (c)   a * government school;

  (d)   an * endorsed charity;

  (e)   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;

  (f)   a fund, authority or institution of a kind referred to in paragraph   30 - 125(1)(b) of the ITAA 1997;

  (g)   a body that has a particular * gift - deductible purpose;

  (h)   a body that operates a particular * retirement village;

  (i)   a particular * school.

  (2)   The provisions are:

  (a)   subsection   9 - 17(2) (gifts to non - profit bodies not consideration); and

  (b)   Subdivision   38 - G (Activities of charities etc.); and

  (c)   Subdivision   40 - E (Schools tuckshops and canteens); and

  (d)   Subdivision   40 - F (fund - raising events); and

  (e)   section   111 - 18 (reimbursement of volunteers' expenses); and

  (f)   section   129 - 45 (Gifts to gift - deductible entities); and

  (g)   Division   157 (Accounting basis of charities etc.).

  (3)   To avoid doubt, subsection   (1) does not prevent the * non - profit sub - entity being a body of a particular type merely because the parent entity is not a body of that type.