Tax Laws Amendment (2012 Measures No. 3) Act 2012 (58 of 2012)
Schedule 4 Clean energy payments
Income Tax Assessment Act 1997
7 Section 52-114 (table item 16)
Repeal the item, substitute:
|
16 |
Education and training, or a payment, under the education scheme for certain eligible young persons
|
Exempt if: (a) provided for or made to a person under 16; or (b) a clean energy payment |
Exempt |