14ASubsection 250‑10(2) in Schedule 1 (after note 3)

14A  Subsection 250‑10(2) in Schedule 1 (after note 3)

Note 4: Penalties under Division 175 of the Australian Charities and Not‑for‑profits Commission Act 2012, and related general interest charge, are treated in the same way as tax‑related liabilities: see subsection 175‑70(2) of that Act.

15  Subsection 355‑65(8) in Schedule 1 (after table item 5)

| 5A | the Commissioner of the Australian Charities and Not‑for‑profits Commission | is for the purpose of administering the Australian Charities and Not‑for‑profits Commission Act 2012. |

16  Subsection 355‑65(8) in Schedule 1 (cell at table item 6, column headed “The record is made for or the disclosure is to ...”)

Repeal the cell, substitute:

| (a) the Commissioner of the Australian Charities and Not‑for‑profits Commission; or<br>(b) the Attorney‑General of a State or Territory |

17  After subsection 426‑65(2) in Schedule 1

 (2A) If the endorsed entity is also registered under the Australian Charities and Not‑for‑profits Commission Act 2012 as an entity of a particular type or subtype, the *Australian Business Registrar may also enter in the *Australian Business Register:

 (a) a statement that the entity is so registered; and

 (b) a statement as to the date of effect of the registration.

 (2B) The *Australian Business Registrar may remove the statements from the *Australian Business Register if the registration is revoked under the Australian Charities and Not‑for‑profits Commission Act 2012.

18  Item 3 of Schedule 6

After “taxation law”, insert “or the Australian Charities and Not‑for‑profits Commission Act 2012”.

Part 2—Amendments commencing 6 months after Part 1

19  Subsection 426‑65(2A) in Schedule 1

Omit “may”, substitute “must”.

Part 3—Corporations legislation