Public Benevolent Institution definition

Public Benevolent Institution means a Public Benevolent Institution as defined by the Australian Taxation Office as “a non-profit institution organised for the direct relief of poverty, sickness, suffering, distress, misfortune, disability or helplessness. The characteristics of a PBI are:
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Public Benevolent Institution means a Public Benevolent Institution as defined by the Australian Taxation Office.
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Public Benevolent Institution means a body or entity that:has corporate status as an incorporated organisation under either the Associations Incorporation Act 1987 or the Aboriginal Councils and Associations Act 1976 or be a company limited by guarantee or by shares under the Corporations Act 2001 (Cth); is endorsed by the Australian Taxation Office as a PBI under the Income Tax Assessments Act (item 4.1.1 of the table listed in section 30-45); is funded directly or indirectly, partially or entirely by either the Commonwealth, State or Local Government or be in receipt of a Lotteries Commission grant; and is a non-profit organisation.
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Examples of Public Benevolent Institution in a sentence

  • Xxxxxx Community Services Limited, a company limited by guarantee pursuant to the Corporations Act 2001, is a Public Benevolent Institution operating as Xxxxxx Mission to deliver services and programs to provide direct relief of poverty, sickness, suffering, distress, adversity, disability, destitution, and helplessness in New South Wales and other parts of Australia as inspired by the work of Xxxxx Xxxxxx in word and deed.

  • Xxxxxx Community Services Limited, a company limited by guarantee pursuant to the Corporations Xxx 0000, is a Public Benevolent Institution operating as Xxxxxx Mission to deliver services and programs to provide direct relief of poverty, sickness, suffering, distress, adversity, disability, destitution, and helplessness in New South Wales and other parts of Australia as inspired by the work of Xxxxx Xxxxxx in word and deed.

  • Wesley Community Services Limited, a company limited by guarantee pursuant to the Corporations Act 2001, is a Public Benevolent Institution operating as Wesley Mission to deliver services and programs to provide direct relief of poverty, sickness, suffering, distress, adversity, disability, destitution, and helplessness in New South Wales and other parts of Australia as inspired by the work of Jesus Christ in word and deed.

  • PIAC is a Public Benevolent Institution and is currently able to offer salary packaging subject to PIAC’s Salary Sacrifice Policy.

  • As a Public Benevolent Institution, employees may opt to salary sacrifice a portion of their pre-tax salary up to a threshold set by legislation, thereby reducing their taxable income in a given year.

  • The salary packaging scheme utilises the Public Benevolent Institution (PBI) taxation status, which provides for a fringe benefits tax exemption cap of $17,000 per annum.

  • Public Benevolent Institution approval from the Australian Taxation Office, quoting sales tax exemption, gift tax deductibility and income tax exemption.

  • TCAC is a community controlled Public Benevolent Institution delivering human services and social enterprise activities for the benefit of Aboriginal people from the Town Camps, Urban Alice Springs and Central Australia.

  • Payroll Tax The Company is exempt from payroll tax because it is classified as a Public Benevolent Institution, as well as being a not-for-profit with a dominant charitable purpose.

  • Xxxxxx Community Services Limited, operating as Xxxxxx Mission, is a company limited by guarantee and a Public Benevolent Institution.


More Definitions of Public Benevolent Institution

Public Benevolent Institution means a public benevolent institution as defined by the Australian Charities and Not-for-profits Commission or the Australian Taxation Office.
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Public Benevolent Institution means a body which is a public benevolent institution for the purposes of the Commonwealth Income Tax Assessment Act 1936 or any Act replacing that Act;
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Public Benevolent Institution means SALBAGOSS INC considered by both themselves and other people to have as its primary operation one or more of the following activities:
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Related to Public Benevolent Institution

  • competent institution means the institution from which the person concerned is entitled to receive benefit or would be entitled to receive benefit if he were resident in the territory of the Party where that institution is situated;

  • payment institution means a legal person that has been granted authorisation in accordance with Article 10 to provide and execute payment services throughout the Union;

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • Host Institution means the body or institution or administering organisation named in the Letter of Award as the “Host Institution” as the body responsible for undertaking and managing the Research;

  • parent institution in a Member State means an institution in a Member State which has a institution or a financial institution as a subsidiary or which holds a participation in such an institution, and which is not itself a subsidiary of another institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in the same Member State.

  • Relevant Institution means a person that has permission under Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activity).

  • private institution (“sefydliad preifat”) means an institution which is not publicly funded;

  • Public institution means any entity established or controlled by the federal government, state government, or a local government or municipality, including, but not limited, institutions of higher education and related research institutions.

  • Eligible postsecondary institution means an institution as defined in Iowa Code section 261C.3.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Eligible Institution Any of the following:

  • Member of the University Community means students, faculty, or staff, or other persons affiliated with the University.

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.

  • Minority institution means an institution of higher education meeting the requirements of Section 365(3) of the Higher Education Act of 1965 (20 U.S.C. 1067k), including a Hispanic-serving institution of higher education, as defined in Section 502(a) of the Act (20 U.S.C. 1101a).

  • Qualified Institution means a depository institution organized under the laws of the United States of America or any state thereof or incorporated under the laws of a foreign jurisdiction with a branch or agency located in the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities that at all times has the Required Rating and, in the case of any such institution organized under the laws of the United States of America, whose deposits are insured by the FDIC.