Taxation Laws Amendment Act (No. 2) 1995 (169 of 1995)

Schedule 3   VARIOUS AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936

Part 2   PENSIONS, ALLOWANCES AND BENEFITS

Division 4   Mature age partner allowance

22   Subsection 24ABMB(1)

Omit the subsection, substitute:

"(1) The treatment of payments of mature age partner allowance under

Part 2.12A of the Social Security Act 1991 is as follows:

(a) the supplementary amount is exempt;

(b) the balance is not exempt.".