CTHIn ForceAct
Australian Charities and Not-for-profits Commission (Consequential and Transitional) Act 2012
32Section 50‑20 (cell at table item 4.1, column headed “Exempt entity”)
Start here
Get a plain-English read of 32
Turn the raw legal text into a practical explanation grounded in Australian Charities and Not-for-profits Commission (Consequential and Transitional) Act 2012.
32 Section 50‑20 (cell at table item 4.1, column headed “Exempt entity”)
Repeal the cell, substitute:
| a fund that:<br>(a) is established by will or instrument of trust solely for a purpose referred to in paragraph (a) or (b) of the column headed “Recipient” in item 2 of the table in section 30‑15; and<br>(b) is not a charity |