Defence, Veterans' and Families' Acute Support Package Act 2022 (40 of 2022)
Schedule 1 Amendments
Part 2 Other amendments
Income Tax Assessment Act 1997
26 At the end of Subdivision 52-H
Add:
52-185 Acute support packages are exempt
Payments under an instrument made under any of the following are exempt from income tax:
(a) section 268B of the Military Rehabilitation and Compensation Act 2004;
(b) section 41B of the Safety, Rehabilitation and Compensation (Defence-related Claims) Act 1988;
(c) section 115S of the Veterans' Entitlements Act 1986.