9 November 2001

Deductibility Of Gifts To The Warringah, Australia Remembers Trust

The Assistant Treasurer Senator Rod Kemp, announced that from today to 8 November 2003, gifts to the value of $2 or more made to the Warringah, Australia Remembers Trust will be deductible for income tax purposes.

The Warringah, Australia Remembers Trust (the Trust) is established to help perpetuate the memory of the deeds of Australians who participated in the Second World War. To achieve this objective, the Trust will produce a high quality educational video recording the Second World War experiences of past and present Warringah residents. The Trust will also fund a permanent prize for a competition amongst students on a theme relating to the Second World War. The funds collected by the Trust will also be used to erect a new memorial or monument expressly commemorating the contribution of Australians to the Second World War.

Tax deductible gift status will assist the Trust to attract public support for its activities.

This decision was taken prior to the announcement of the election and the caretaker period. Legislation to give effect to the Government's decision will be introduced as soon as practicable and taxpayers should ensure that they receive a receipt for their donation.

9 November, 2001

Media contact: Michael Fletcher Assistant Treasurer's Office (02) 6277 7360