Pt 2-15 (heading) substituted by No 66 of 2003.
Pt 2-15 inserted by No 121 of 1997.
Div 59 inserted by No 66 of 2003.
S 59-60 repealed by No 31 of 2011, s 3 and Sch 2 item 5, effective 1 July 2014. S 59-60 formerly read:
SECTION 59-60 Cyclone Yasi - recovery grants for small businesses and primary producers
59-60 Payments under the Natural Disaster Relief and Recovery Arrangements (set out in a determination made by the Minister for Local Government, Territories and Roads on 21 February 2007) are not assessable income and are not *exempt income, if:
(a) the payments are part of a Category C measure (within the meaning of the determination); and
(b) the Category C measure relates to Cyclone Yasi; and
(c) the payments are:
(i) recovery grants for small businesses; or
(ii) recovery grants for primary producers.
S 59-60 inserted by No 31 of 2011, s 3 and Sch 2 item 2, effective 25 May 2011.