Social Security and Other Legislation Amendment (Economic Security Strategy) Act 2008 (131 of 2008)

Schedule 5   Other amendments

Income Tax Assessment Act 1997

12   At the end of Division 52

Add:

Subdivision 52-H - Other exempt payments

52-160 Economic security strategy payments are exempt

Payments under the scheme determined under Schedule 4 to the Social Security and Other Legislation Amendment (Economic Security Strategy) Act 2008 are exempt from income tax.