Student Assistance Act 1973

Part 4A - Financial Supplement for Tertiary Students  

Division 6 - Indebtedness existing after termination date  

Subdivision E - Miscellaneous  

SECTION 12ZR   BENEFITS TO STUDENTS UNDER STUDENT FINANCIAL SUPPLEMENT SCHEME NOT SUBJECT TO TAXATION  

12ZR(1)    
Any amount paid or other benefit given to a person under the Student Financial Supplement Scheme is not subject to taxation under any law of the Commonwealth unless a provision of such a law expressly provides to the contrary.

12ZR(2)    
Subsection (1) does not affect any liability to taxation of a participating corporation in respect of any subsidy or other amount paid to the corporation under the Student Financial Supplement Scheme.





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