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INCOME TAX ASSESSMENT ACT 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION

PART 2-15 - NON-ASSESSABLE INCOME

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History Pt 2-15 (heading) substituted by No 66 of 2003. Pt 2-15 inserted by No 121 of 1997.

Division 51 - Exempt amounts

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History Div 51 inserted by No 121 of 1997.

SECTION 51-35   51-35  Payments to a full-time student at a school, college or university

[No equivalent]

The following payments made to or on behalf of a full-time student at a school, college or university are not exempt from income tax under item 2.1A of the table in section 51-10:

(a) a payment by the Commonwealth for assistance for secondary education or in connection with education of isolated children;

(b) a *Commonwealth education or training payment;

(c) a payment by an entity or authority on the condition that the student will (or will if required) become, or continue to be, an employee of the entity or authority;

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(d) a payment by an entity or authority on the condition that the student will (or will if required) enter into, or continue to be a party to, a contract with the entity or authority that is wholly or principally for the labour of the student;

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(e) a payment under a scholarship where the scholarship is not provided principally for educational purposes;

(f) an education entry payment under Part 2.13A of the Social Security Act 1991.

Note: The whole or part of a Commonwealth education or training payment may be exempt under Subdivision 52-E or 52-F.

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History S 51-35 amended by No 184 of 2007, s 3 and Sch 3 item 2, by substituting "52-E or 52-F" for "52-F" in the note, applicable in relation to a payment made on or after 1 January 2008. S 51-35 amended by No 58 of 2006, s 3 and Sch 7 item 189, by substituting paras (c) and (d), effective 5 July 1999. Paras (c) and (d) formerly read: (c) a payment by a person or an authority on the condition that the student will (or will if required) become, or continue to be, an employee of the person or authority; (d) a payment by a person or an authority on the condition that the student will (or will if required) enter into, or continue to be a party to, a contract with the person or authority that is wholly or principally for the labour of the student; S 51-35 inserted by No 54 of 1999.