A New Tax System (Bonuses for Older Australians) Act 1999 (REPEALED)

Part 4 - ATO clients who qualify for bonus payment  

Division 1 - Interpretation  

34  

34   Definitions  
In this Part, unless the contrary intention appears:

adjusted business and wages income
has the meaning given by section 36 .

adjusted savings and investment income
has the meaning given by section 35 .

assessable income
has the same meaning as in the Income Tax Assessment Act 1997 .

assessable recoupment
has the same meaning as in the Income Tax Assessment Act 1997 .

assessment
has the same meaning as in the Income Tax Assessment Act 1997 .

ATO client
has the meaning given by section 37 .

Australian resident
has the same meaning as in the Social Security Act 1991 .

Australian source
has the same meaning as in the Income Tax Assessment Act 1997 .

bereavement allowance
has the same meaning as in the Social Security Act 1991 .

business
includes any profession, trade, employment, vocation or calling, but does not include occupation as an employee.

business and wages income
has the meaning given by section 36 .

carer service pension
has the same meaning as in the Veterans' Entitlements Act 1986 .

Commissioner
means the Commissioner of Taxation.

complying superannuation fund
has the same meaning as in the Income Tax Assessment Act 1997 .

deduction
has the same meaning as in the Income Tax Assessment Act 1997 .

derive
has the same meaning as in the Income Tax Assessment Act 1997 .

disqualifying payment
means any of the following:

(a) a social security pension (other than a bereavement allowance);

(b) a social security benefit;

(c) a service pension;

(d) a carer service pension;

(e) an income support supplement.

income support supplement
has the same meaning as in the Veterans' Entitlements Act 1986 .

income tax return
has the same meaning as in the Income Tax Assessment Act 1997 .

income year
has the same meaning as in the Income Tax Assessment Act 1997 .

partner
has the same meaning as in the Social Security Act 1991 .

PAYE earnings
has the same meaning as in the Income Tax Assessment Act 1997 .

proper claim
has the meaning given by section 37 .

qualifying year
means the 1998-1999 income year or the 1999-2000 income year.

RSA
has the same meaning as in the Income Tax Assessment Act 1997 .

savings and investment income
has the meaning given by section 35 .

service pension
has the same meaning as in the Veterans' Entitlements Act 1986 .

social security benefit
has the same meaning as in the Social Security Act 1991 .

social security pension
has the same meaning as in the Social Security Act 1991 .

taxable income
has the same meaning as in the Income Tax Assessment Act 1997 .