Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)
Schedule 5 Prime Minister's Prizes
Income Tax Assessment Act 1997
2 At the end of Division 51
Add:
51-60 Prime Minister's Prizes
(1) To the extent that the Prime Minister's Prize for Australian History would otherwise be assessable income, it is exempt from income tax.
(2) To the extent that the Prime Minister's Prize for Science would otherwise be assessable income, it is exempt from income tax.
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