Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024 (138 of 2024)

Schedule 3   Medicare levy exemption for lump sum payments

Medicare Levy Act 1986

2   Application of amendment

Section 9A of the Medicare Levy Act 1986, as inserted by this Schedule:

(a) applies to assessments for the 2024-25 year of income and later years of income; and

(b) applies in relation to accrual years that begin before, at or after the commencement of this item.