Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-1 - ASSESSABLE INCOME  

Division 15 - Some items of assessable income  

Operative provisions  

SECTION 15-10  

15-10   Bounties and subsidies  

Your assessable income includes a bounty or subsidy that:

(a) you receive in relation to carrying on a ^* business; and

(b) is not assessable as ^* ordinary income under section 6-5 .