Tax Laws Amendment (2011 Measures No. 1) Act 2011 (31 of 2011)

Schedule 2   Tax exemption for recovery grants for the 2010-11 floods and Cyclone Yasi

Part 1   Main amendments

Income Tax Assessment Act 1997

1   Section 11-55 (at the end of the table item headed "disasters")

Add:

2010-11 floods - recovery grants for primary producers


59-55

2010-11 floods - recovery grants for small businesses

59-55

Cyclone Yasi - recovery grants for primary producers

59-60

Cyclone Yasi - recovery grants for small businesses

59-60

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