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This is a Bill, not an Act. For current law, see the Acts databases.
2013-2014-2015
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Tax Laws Amendment (Gifts) Bill 2015
No. , 2015
(Treasury)
A Bill for an Act to amend the law relating to
taxation, and for related purposes
No. , 2015
Tax Laws Amendment (Gifts) Bill 2015
i
Contents
1
Short title ........................................................................................... 1
2
Commencement ................................................................................. 1
3
Schedules ........................................................................................... 2
Schedule 1--Deductible gift recipients
3
Income Tax Assessment Act 1997
3
No. , 2015
Tax Laws Amendment (Gifts) Bill 2015
1
A Bill for an Act to amend the law relating to
1
taxation, and for related purposes
2
The Parliament of Australia enacts:
3
1 Short title
4
This Act may be cited as the Tax Laws Amendment (Gifts) Act
5
2015.
6
2 Commencement
7
(1) Each provision of this Act specified in column 1 of the table
8
commences, or is taken to have commenced, in accordance with
9
column 2 of the table. Any other statement in column 2 has effect
10
according to its terms.
11
12
2
Tax Laws Amendment (Gifts) Bill 2015
No. , 2015
Commencement information
Column 1
Column 2
Column 3
Provisions
Commencement
Date/Details
1. The whole of
this Act
The day this Act receives the Royal Assent.
Note:
This table relates only to the provisions of this Act as originally
1
enacted. It will not be amended to deal with any later amendments of
2
this Act.
3
(2) Any information in column 3 of the table is not part of this Act.
4
Information may be inserted in this column, or information in it
5
may be edited, in any published version of this Act.
6
3 Schedules
7
Legislation that is specified in a Schedule to this Act is amended or
8
repealed as set out in the applicable items in the Schedule
9
concerned, and any other item in a Schedule to this Act has effect
10
according to its terms.
11
Deductible gift recipients Schedule 1
No. , 2015
Tax Laws Amendment (Gifts) Bill 2015
3
Schedule 1--Deductible gift recipients
1
2
Income Tax Assessment Act 1997
3
1 Subsection 30-80(2) (at the end of the table)
4
Add:
5
9.2.26
International Jewish Relief Limited
the gift must be made on or
after 1 January 2015
2 Section 30-105 (at the end of the table)
6
Add:
7
13.2.22
National Apology Foundation
Ltd
the gift must be made
on or after 1 January
2015
3 Section 30-315 (after table item 63)
8
Insert:
9
63AA
International Jewish Relief Limited
item 9.2.26
4 Section 30-315 (after table item 73)
10
Insert:
11
73AAAA
National Apology Foundation Ltd
item 13.2.22
12