Taxation Laws Amendment Act (No. 2) 2003 (65 of 2003)

Schedule 2   Exempting compensation for loss of defence remuneration

Income Tax Assessment Act 1997

3   Section 51-5 (at the end of the table)

Add:

1.5

a former member of:

(a) the Naval Reserve; or

(b) the Army Reserve; or

(c) the Air Force Reserve

compensation payments for loss of pay and/or allowances as a member

see section 51-33


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