Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-15 - NON-ASSESSABLE INCOME  

Division 51 - Exempt amounts  

SECTION 51-42   Bonuses for early completion of an apprenticeship  

51-42(1)    
The bonus must be provided under a scheme provided by a State or Territory, and the scheme must be specified in the regulations for the purposes of this section.

51-42(2)    
The apprenticeship:

(a) must be for an occupation of a kind specified in the regulations; and

(b) must be completed within a time frame specified in the regulations for apprenticeships of that kind.