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40. Chapter 25: Appendix B: Extract from Estate Duty Assessment Act
8.–(5) Duty shall not be assessed or payable upon so much of the estate as is devised or bequeathed or passes by gift inter vivos or settlement—
- (a) for religious, scientific or public educational purposes in Australia;
- (b) to or for the benefit of any of the following institutions in Australia:—
- (i) a public hospital;
- (ii) a hospital which is carried on by a society or association otherwise than for the purposes of profit or gain to the individual members of that society or association;
- (iii) a public benevolent institution;
- (iv) a public library;
- (v) the Australian Council for Educational Research;
- (vi) The National Trust of Australia (New South Wales), National Trust of Australia (Victoria), The National Trust of Queensland, The National Trust of South Australia, The National Trust of Australia (W.A.), National Trust of Australia (Tasmania) or Australian Council of National Trusts; or
- (vii) the Winston Churchill Memorial Trust; or
- (c) for the establishment and maintenance of a Fund, or to a fund established and maintained:—
- (i) for the purpose of providing money for the benefit of an institution referred to in the last preceding paragraph; or
- (ii) for the purpose of providing money for the relief of persons in necessitous circumstances in Australia.