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of <h1>Approval process for donor deduction eligibility under section 133(1)(b)(ii) with seven conditions, three to five year approvals, threshold change</h1> A statutory scheme permits registered non-profit entities or listed persons to apply for approval relevant to donor deductions under section 133(1)(b)(ii), subject to seven conditions (non-discrimination, charitable purpose, asset-use restrictions, accounting, prescribed reporting and corrections, and donor certificates), defined application windows, decision timeframes and approvals valid for three or five tax years. Key differences between the Act and the earlier Bill are the Schedule reference affecting eligible classes and a drafting change to the religious-expenditure threshold (one version bars expenditure exceeding 5% while the other bars expenditure of 5% or more), which materially affects eligibility; many procedural details and definitions remain to be prescribed.
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