104Registration of Trust as environmental organisation

#### 104 Registration of Trust as environmental organisation 104 Registration of Trust as environmental organisation > > (1) The Trust must comply with the requirements set out in the ITAA 1997, Subdivision 30-E in relation to the Trust’s registration as an environmental organisation within the meaning of the ITAA 1997. > > > (2) In particular, the Trust must— > > > > > (a) establish and maintain a not-for-profit public fund that meets the requirements of the ITAA 1997, section 30-130, in accordance with section 105, and > > > > > (b) comply with a rule the Commonwealth Minister and the Environment Minister make to ensure that gifts made to the public fund are used only for the principal purpose of the Trust, and > > > > > (c) not pay any of the Trust’s profits or financial surplus, or give any of the Trust’s property, to its members, and > > > > > (d) not act as a mere conduit for the donation of money or property to other organisations, bodies or persons, and > > > > > (e) agree to give the Environment Secretary, within a reasonable period after the end of each income year, statistical information about gifts made to the Public Fund during the income year. > > > (3) In this section— > > > > Commonwealth Minister means a Commonwealth Minister responsible for administering the relevant provisions of the ITAA 1997. > > > > Environment Minister has the same meaning as in the ITAA 1997. > > **s 104:** Am 1992 No 85, Sch 2; 1993 No 78, Sch 1 (4); 2004 No 16, Sch 2.8 \[2\]; 2010 No 38, Sch 1 \[47\]. Rep 2016 No 63, Sch 11.5 \[11\]. Ins 2021 No 47, Sch 1.1\[17\].