Tax Laws Amendment (2012 Measures No. 3) Act 2012 (58 of 2012)

Schedule 4   Clean energy payments

Income Tax Assessment Act 1997

13   Section 53-10 (after table item 4C)

Insert:

4D

Transitional Farm Family Payment

The program known as the Transitional Farm Family Payment program

Only so much of the payment as is included:

(a) in lieu of clean energy advance; or

(b) by way of clean energy supplement;

is exempt


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