Commonwealth: Tax Laws Amendment (Gifts) Act 2015 (Cth)

Tax Laws Amendment (Gifts) Act 2015 No. 177, 2015 An Act to amend the law relating to taxation, and for related purposes Contents 1 Short title 2 Commencement 3 Schedules Schedule 1—Deductible gift recipients Income Tax Assessment Act 1997 Tax Laws Amendment (Gifts) Act 2015 No. 177, 2015 An Act to amend the law relating to taxation, and for related purposes [Assented to 11 December 2015] The Parliament of Australia enacts: 1 Short title This Act may be cited as the Tax Laws Amendment (Gifts) Act 2015. 2 Commencement (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms. 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day this Act receives the Royal Assent. 11 December 2015 Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act. (2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act. 3 Schedules Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms. Schedule 1—Deductible gift recipients Income Tax Assessment Act 1997 1 Subsection 30‑80(2) (at the end of the table) Add: 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) Add: 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) Insert: 63AA International Jewish Relief Limited item 9.2.26 4 Section 30‑315 (after table item 73) Insert: 73AAAA National Apology Foundation Ltd item 13.2.22 [Minister's second reading speech made in— House of Representatives on 12 November 2015 Senate on 25 November 2015] (196/15)