Tax Laws Amendment (2012 Measures No. 1) Act 2012 (71 of 2012)
Schedule 3 Tax exemption for payments to individuals for recent floods
Part 1 Main amendments
Income Tax Assessment Act 1997
2 Section 51-30 (after table item 5.1B)
Insert:
|
5.1C |
an individual in receipt of an ex-gratia payment from the Commonwealth known as assistance for New Zealand non-protected special category visa holders for the floods that occurred in New South Wales and Queensland in January, February and March 2012 |
the payment |
the payment must be claimed: (a) after 5 February 2012; and (b) before 7 August 2012 |