INCOME TAX ASSESSMENT ACT 1997 (ARCHIVE)
CHAPTER 2
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LIABILITY RULES OF GENERAL APPLICATION
PART 2-15
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NON-ASSESSABLE INCOME
Division 51
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Exempt amounts
SECTION 51-60 (ARCHIVE)
51-60
Income from GST Direct Assistance Certificate
Your *ordinary income and *statutory income for the 1999-2000 and 2000-01 income years are exempt from income tax so far as they are attributable to a certificate that:
(a) is commonly called a GST Direct Assistance Certificate; and
(b) is issued to you by an organisation known as the GST Start-Up Assistance Office in the Department of the Treasury; and
(c) is expressed to have a maximum value of $200.
Your *ordinary income and *statutory income for the 1999-2000 and 2000-01 income years are exempt from income tax so far as they are attributable to a certificate that:
(a) is commonly called a GST Direct Assistance Certificate; and
(b) is issued to you by an organisation known as the GST Start-Up Assistance Office in the Department of the Treasury; and
(c) is expressed to have a maximum value of $200.
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