Tax Laws Amendment (2012 Measures No. 3) Act 2012 (58 of 2012)

Schedule 4   Clean energy payments

Income Tax Assessment Act 1997

7   Section 52-114 (table item 16)

Repeal the item, substitute:


Education and training, or a payment, under the education scheme for certain eligible young persons
(section 258)

Exempt if:

(a) provided for or made to a person under 16; or

(b) a clean energy payment