Commentary on Sections Overview Overview Section 979: Designated international organisations: exceptions from duties to deduct
3003.This section provides that certain payments made by international organisations which are designated by the Treasury are not subject to deduction at source under this Part. It is based on section 582A ICTA.
3004.This section applies to:
	payments of yearly interest under section 874 by such a designated organisation or a partnership of which such an organisation is a member;
	annual payments, patent royalties and other payments connected with intellectual property under Chapters 6 or 7 of this Part (see Change 81 in Annex 1);
	payments under Chapter 14 of this Part (tax avoidance); and
	payments of manufactured interest or overseas dividends under sections 919(2) and 922(2).