Income Tax Assessment Act 1997

Pt 2-15 (heading) substituted by No 66 of 2003.

Pt 2-15 inserted by No 121 of 1997.

Div 52 inserted by No 121 of 1997.

Subdiv 52-G inserted by No 83 of 1999.

S 52-150 amended by No 97 of 2020, s 3 and Sch 1 item 36, by substituting " , second 2020 economic support payment, additional economic support payment 2020 or additional economic support payment 2021 " for " or second 2020 economic support payment " , effective 14 November 2020.

S 52-150 amended by No 22 of 2020, s 3 and Sch 4 item 22, by substituting " , ETR payment, first 2020 economic support payment or second 2020 economic support payment " for " or ETR payment " , effective 25 March 2020.

S 52-150 amended by No 22 of 2017, s 3 and Sch 2 item 8, by substituting " subsidy, additional child care subsidy " for " benefit, child care rebate " , effective 2 July 2018.

S 52-150 amended by No 96 of 2014, s 3 and Sch 9 item 22, by substituting " or ETR payment " for " , ETR payment or schoolkids bonus " , effective 31 December 2016. No 96 of 2014, s 3 and Sch 9 item 24 contains the following saving provision:

Part 2 - Saving provisions

24 Saving provisions  
…
24(2)
Despite the amendment made by item 22, section 52-150 of the Income Tax Assessment Act 1997 , as in force immediately before the commencement of that item, continues to apply on and after that commencement in relation to payments of schoolkids bonus made before, on or after that commencement.

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S 52-150 amended by No 70 of 2013, s 3 and Sch 2A item 47, by substituting " stillborn baby payment " for " baby bonus " , effective 1 March 2014. Despite the amendment made, section 52-150 of the Income Tax Assessment Act 1997 (as in force immediately before 1 March 2014) continues to apply on and after 1 March 2014 in relation to payments of baby bonus made before, on or after 1 March 2014.

S 52-150 amended by No 49 of 2012, s 3 and Sch 1 item 47, by omitting " maternity immunisation allowance, " after " baby bonus, " , effective 1 July 2012. No 49 of 2012, s 3 and Sch 1 item 52 contains the following application and transitional provision:

52 Application and transitional provisions  
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52(4)
Despite the amendment made by item 47, section 52-150 of the Income Tax Assessment Act 1997 (as in force immediately before 1 July 2012) continues to apply on and after 1 July 2012 in relation to payments of maternity immunisation allowance made before, on or after 1 July 2012.

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S 52-150 amended by No 50 of 2012, s 3 and Sch 3 item 8, by substituting " , single income family supplement, ETR payment or schoolkids bonus " for " or single income family supplement " , effective 27 May 2012.

S 52-150 amended by No 141 of 2011 (as amended by No 12 of 2012), s 3 and Sch 10 item 16, by substituting " , single income family bonus, clean energy advance or single income family supplement " for " or single income family bonus " , effective 14 May 2012.

S 52-150 renumbered from s 52-150(1) and amended by No 12 of 2012, s 3 and Sch 6 items 129 - 130, by omitting " one-off payment to families, " after " maternity immunisation allowance, " , effective 21 March 2012.

S 52-150(1) amended by No 50 of 2009, s 3 and Sch 1 item 41, by substituting " child care rebate " for " child care tax rebate " , effective 24 June 2009.

S 52-150(1) amended by No 4 of 2009, s 3 and Sch 5 item 13, by substituting " , economic security strategy payment to families, back to school bonus or single income family bonus " for " or economic security strategy payment to families " , effective 18 February 2009.

S 52-150(1) amended by No 131 of 2008, s 3 and Sch 5 item 11, by substituting " , one-off payment to families or economic security strategy payment to families " for " or one-off payment to families " , effective 1 December 2008.

S 52-150(1) amended by No 97 of 2008 , s 3 and Sch 3 item 79, by omitting " maternity allowance, maternity payment, " after " family tax benefit, " , effective 3 October 2008.

S 52-150(1) amended by No 113 of 2007, s 3 and Sch 1 item 21, by inserting " child care tax rebate, " after " child care benefit, " , effective 1 July 2007.

S 52-150(1) amended by No 82 of 2007, s 3 and Sch 6 item 40, by inserting " baby bonus, " effective 1 July 2007.

S 52-150(2) repealed by No 12 of 2012, s 3 and Sch 6 item 131, effective 21 March 2012. S 52-150(2) formerly read:

52-150(2)
Payments to families under the scheme determined under Schedule 3 to the Family Assistance Legislation Amendment (More Help for Families - One-off Payments) Act 2004 are exempt from income tax.

S 52-150 amended by No 60 of 2004, No 59 of 2004 and inserted by No 83 of 1999.