What was registered
The federal government registered the Income Tax Assessment (1997 Act) Amendment (Income Tax Exemption) Regulations 2026 on 26 June 2026. The instrument is recorded on the Federal Register of Legislation at https://www.legislation.gov.au/F2026L00831.
What the instrument does
The instrument amends the Income Tax Assessment (1997 Act) Regulations 2021 in the area of income tax exemptions. It was authorised under the Income Tax Assessment Act 1997 and administered by the Department of the Treasury.
The source document does not specify which entities or income types had their exemption status changed, or what the practical effect of the amendment was.
Period in force
The instrument was in force from 26 June 2026 to 16 September 2026. It was repealed on 16 September 2026.
Key actions
- Check the full legislative text at https://www.legislation.gov.au/F2026L00831 to identify which income tax exemptions were amended and whether your business or organisation was affected during the period 26 June 2026 to 16 September 2026.
- If your business holds an income tax exemption under the Income Tax Assessment (1997 Act) Regulations 2021, speak with your tax accountant or adviser about whether this amendment affected your exemption status during its period in force.
- This instrument has been repealed as of 16 September 2026 - confirm with your tax adviser what rules now apply to any exemption that may have been affected.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.