Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies if you make an election for a gift of property made to a fund, authority or institution covered by section 30 - 55.
(2) You must give a copy of the election to the * Environment Secretary before you lodge your * income tax return for the income year in which you made the gift.
(3) If you vary the election, you must give a copy of the variation to the * Environment Secretary before you lodge your * income tax return for the first income year to which the variation applies.
(4) The election and any variation must be in a form approved in writing by the * Environment Secretary.