Income Tax Assessment Amendment (Exempt Entities) Regulation 2013 (Cth)

Income Tax Assessment Amendment (Exempt Entities) Regulation 2013

Select Legislative Instrument No. 127, 2013

I, Professor Marie Bashir AC CVO, Administrator of the Government of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Income Tax Assessment Act 1997.

Dated 13 June 2013

Marie Bashir

Administrator

By Her Excellency’s Command

David Bradbury

Assistant Treasurer

Contents

1............. Name of regulation............................................................................ 1

2............. Commencement................................................................................. 1

3............. Authority............................................................................................ 1

4............. Schedule(s)........................................................................................ 1

Schedule 1—Amendments                                                                       2

Income Tax Assessment Regulations 1997                                              2

1Name of regulation

This regulation is the Income Tax Assessment Amendment (Exempt Entities) Regulation 2013.

2Commencement

This regulation commences on the day after it is registered.

3Authority

This regulation is made under the Income Tax Assessment Act 1997.

4Schedule(s)

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Income Tax Assessment Regulations 1997

1  At the end of Division 50

Add:

50‑50.03  Prescribed sporting society, association or club

For paragraph 50‑70(c) of the Act, International Cricket Council Development (International) Limited is prescribed for the period that starts on 1 July 2013 and ends on 30 June 2018.