Income Tax Assessment Act 1997
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Hide history noteSECTION 30-37 30-37 Scholarship etc. funds
For the purposes of item 2.1.13 of the table in subsection 30-25(1) , a scholarship, bursary or prize is one to which this section applies if:
(a) it may only be awarded to Australian citizens, or permanent residents of Australia, within the meaning of the Australian Citizenship Act 2007 ; and
(b) it is open to individuals or groups of individuals throughout a region of at least 200,000 people, or throughout at least an entire State or Territory; and
(c) it promotes recipients ' education in either or both of the following:
(i) *pre-school courses, *primary courses, *secondary courses or *tertiary courses;
(ii) educational institutions overseas, by way of study of a component of a course covered by subparagraph (i); and
(d) it is awarded on merit or for reasons of equity.
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