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Tuesday, 28 February 1984
Page: 98

(Question No. 315)

Senator Colston asked the Minister representing the Minister for Finance, upon notice, on 25 August 1983:

What is the current position in relation to tax deductibility of donations to the Innocents Relief Appeal Association.

Senator Walsh —The Treasurer has provided the following answer to the honourable senator's question:

On 1 December 1983, the Innocents Relief Appeal Sponsors Account (Developing Countries Division) was gazetted for the purposes of the overseas aid gift provisions of the income tax law. The exclusive purpose of this fund of the Innocents Relief Appeal Association is to provide relief to persons in certified developing countries.

In terms of the law, donations of $2 or more made on or after 1 December 1983 to the fund are allowable deductions for income tax purposes.