Income Tax Assessment Act 1936

PART VIIB - MEDICARE LEVY AND MEDICARE LEVY SURCHARGE  

SECTION 251T  

251T   MEDICARE LEVY (OTHER THAN MEDICARE LEVY SURCHARGE) NOT PAYABLE BY PRESCRIBED PERSONS OR BY CERTAIN TRUSTEES  

Notwithstanding anything contained in section 251S , Medicare levy (other than an increase in the levy payable under section 8B , 8C , 8D , 8E , 8F or 8G of the Medicare Levy Act 1986 ) is not payable by:

(a) a person (not being a person in the capacity of a trustee) who was a prescribed person during the whole of the year of income; or

(b) (Repealed by No 53 of 2015)

(c) a person in the capacity of a trustee of a trust, in respect of a share of the net income of the trust estate of the year of income (being a share to which a beneficiary who was a prescribed person during the whole of the year of income is presently entitled) in respect of which the trustee is required to be assessed in pursuance of section 98 .