Tax Law Improvement Act 1997 (121 of 1997)

Schedule 3   Exempt income

Part 3   Consequential amendment of the Income Tax Assessment Act 1936

55   Subsection 159ZR(1) (paragraph (e) of the definition of eligible income)

Repeal the paragraph, substitute:

(e) a payment that is covered by Subdivision BA of Division 1AA of this Part or Division 52, 53 or 55 of the Income Tax Assessment Act 1997, but that is not exempt from income tax under that Subdivision or Division.