30‑229 Australian Business Register must30‑229 Australian Business Register must show deductibility of gifts to deductible gift recipient

#### 30‑229 Australian Business Register must show deductibility of gifts to deductible gift recipient (1) If a \*deductible gift recipient has an \*ABN, the \*Australian Business Registrar must enter in the \*Australian Business Register in relation to the deductible gift recipient a statement that it is a deductible gift recipient for a specified period. > Note 1: An entry (or lack of entry) of a statement required by this section does not affect whether you can deduct a gift to the fund, authority or institution. > Note 2: This section will apply to all entities and government entities that are endorsed as deductible gift recipients under Subdivision 30‑BA, because they must have ABNs to be endorsed. It will also apply to other entities described or named in Subdivision 30‑A if they have ABNs. (2) If the \*deductible gift recipient is a deductible gift recipient only because it is endorsed under Subdivision 30‑BA as a deductible gift recipient for the operation of a fund, authority or institution, the statement must name the fund, authority or institution. (2A) If: (a) the \*deductible gift recipient is: (i) a fund, authority or institution; or (ii) a deductible gift recipient only because it is endorsed under Subdivision 30‑BA as a deductible gift recipient for the operation of a fund, authority or institution; and (b) the fund, authority or institution is covered by item 1, 2 or 4 of the table in section 30‑15; the statement must specify that the fund, authority or institution is covered by that item. (3) The \*Australian Business Registrar may remove the statement from the \*Australian Business Register after the end of the period. (4) The \*Australian Business Registrar must take reasonable steps to ensure that a statement appearing in the \*Australian Business Register under this section is true. For this purpose, the Registrar may: (a) change the statement; or (b) remove the statement from the Register if the statement is not true; or (c) remove the statement from the Register and enter another statement in the Register under this section.