Tax Laws Amendment (2008 Measures No. 4) Act 2008 (97 of 2008)

Schedule 3   Minor amendments

Part 1   General amendments

Income Tax Assessment Act 1997

76   Subsection 52-65(1B)

Repeal the subsection, substitute:

(1B) Payments of 2008 one-off payment to older Australians under Part VIIF of the Veterans' Entitlements Act 1986 are exempt from income tax.