National Disability Insurance Scheme Legislation Amendment Act 2013 (44 of 2013)

Schedule 3   Income tax amendments

Income Tax Assessment Act 1997

3   At the end of Division 26

Add:

26-100 National Disability Insurance Scheme expenditure

A participant (within the meaning of the National Disability Insurance Scheme Act 2013) cannot deduct under this Act a loss or outgoing to the extent the loss or outgoing is funded (including funded by way of reimbursement) by an *NDIS amount the participant *derives.