Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS  

Division 30 - Gifts or contributions  

Subdivision 30-B - Tables of recipients for deductible gifts  

Education

SECTION 30-37  

30-37   Scholarship etc. funds  

For the purposes of item 2.1.13 of the table in subsection 30-25(1) , a scholarship, bursary or prize is one to which this section applies if:

(a) it may only be awarded to Australian citizens, or permanent residents of Australia, within the meaning of the Australian Citizenship Act 2007 ; and

(b) it is open to individuals or groups of individuals throughout a region of at least 200,000 people, or throughout at least an entire State or Territory; and

(c) it promotes recipients ' education in either or both of the following:

(i) *pre-school courses, *primary courses, *secondary courses or *tertiary courses;

(ii) educational institutions overseas, by way of study of a component of a course covered by subparagraph (i); and

(d) it is awarded on merit or for reasons of equity.