New Zealand Acts

STUDENT LOAN SCHEME ACT 2011 - SECT 27B

27B When entity qualifies to be listed as charity

1 An entity qualifies to be listed as a charity under section 27A if the Commissioner is satisfied that—

a) the entity is a tax charity under section CW 41(5) of the Income Tax Act 2007; or

b) the entity meets the requirements of section 13(1)(a) or (b) of the Charities Act 2005 and it is otherwise appropriate for the entity to be listed as a charity for the purposes of section 25(1)(b) .

2 In determining whether it is appropriate for the entity to be listed as a charity under subsection (1)(b), the Commissioner may have regard to—

a) the standing of the entity as a charitable organisation; and

b) the entity’s systems and processes in monitoring and evaluating its charitable work; and

c) any other matters the Commissioner considers relevant.

History: Section 27B: inserted, on 14 May 2016, by section 7 of the Taxation (Residential Land Withholding Tax, GST on Online Services, and Student Loans) Act 2016 (2016 No 21).