Income Tax Assessment Act 1936

PART III - LIABILITY TO TAXATION  

Division 6AA - Income of certain children  

SECTION 102AF   EMPLOYMENT INCOME AND BUSINESS INCOME  

102AF(1)    

A reference in this Division to employment income is to be read as a reference to:

(a) work and income support related withholding payments and benefits; and

(b) payments made for services rendered or to be rendered; and

(c) compensation, sickness or accident payments:

(i) made to an individual because of the individual's or another's incapacity for work; and

(ii) calculated at a periodical rate.

102AF(2)    
(Repealed by No 179 of 1999)

102AF(3)    

In this Division, a reference, in relation to a person in relation to a year of income, to business income shall be read as a reference to income derived by the person during the year of income from carrying on of a business either alone or together with another person or other persons.