Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This Part provides for the Commissioner to register entities as particular types and subtypes of not - for - profit entities. It also provides for the Commissioner to revoke the registration of registered entities.
(2) Such registration is a prerequisite for an entity to access certain Commonwealth tax concessions. The object of this Part i s to ensure that these tax concessions are available only to entities that are governed and regulated in accordance with this Act.
(3) Registration under this Act may also be a prerequisite for
other exemptions, benefits and concessions provided under other
Australian laws.