CTHIn ForceAct
Australian Charities and Not-for-profits Commission (Consequential and Transitional) Act 2012
124Transitional provision—endorsements as charities
Start here
Get a plain-English read of 124
Turn the raw legal text into a practical explanation grounded in Australian Charities and Not-for-profits Commission (Consequential and Transitional) Act 2012.
124 Transitional provision—endorsements as charities
An entity that, just before the commencement of this item, was endorsed:
(a) as a charitable institution under subsection 176‑1(1) of the A New Tax System (Goods and Services Tax) Act 1999; or
(b) as a trustee of a charitable fund under subsection 176‑5(1) of that Act;
is taken, from that commencement, to have been endorsed as a charity under subsection 176‑1(1) of that Act, as amended by this Schedule.