Income Tax Assessment Act 1997
CHAPTER 3
-
SPECIALIST LIABILITY RULES
PART 3-45
-
RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS
Division 380
-
National Rental Affordability Scheme
Subdivision 380-B
-
Payments made in relation to the National Rental Affordability Scheme etc.
SECTION 380-35
380-35
Payments made and non-cash benefits provided in relation to the National Rental Affordability Scheme
A payment made to you, or a * non-cash benefit provided to you, (whether directly or indirectly, such as through an * NRAS consortium of which you are a * member) by:
(a) a Department of a State or Territory; or
(b) a body (whether incorporated or not) established for a public purpose by or under a law of a State or Territory;
View history note
Hide history noteA payment made to you, or a * non-cash benefit provided to you, (whether directly or indirectly, such as through an * NRAS consortium of which you are a * member) by:
(a) a Department of a State or Territory; or
(b) a body (whether incorporated or not) established for a public purpose by or under a law of a State or Territory;
in relation to your participation in the * National Rental Affordability Scheme is not assessable income and is not * exempt income.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.