Taxation Laws Amendment (Structured Settlements and Structured Orders) Act 2002 (139 of 2002)

Schedule 1  

Part 2   Consequential amendments

Income Tax Assessment Act 1936

4   At the end of subsection 27H(1)

Add:

Note: Division 54 of the Income Tax Assessment Act 1997 provides a tax exemption for certain payments under structured settlements and structured orders.