(1) A Commonwealth education or training payment is a payment by the Commonwealth, or in connection with a payment by the Commonwealth, of an allowance or reimbursement:
(a) to or on behalf of a participant in a * Commonwealth labour market program; or
(b) to or on behalf of a student under:
(i) the scheme known as ABSTUDY; or
(ii) the scheme known as the Assistance for Isolated Children Scheme; or
(iii) the scheme known as the Veterans' Children Education Scheme; or
(iiia) the scheme under section 258 of the Military Rehabilitation and Compensation Act 2004 to provide education and training; or
(iv) the scheme known as youth allowance; or
(v) the scheme known as austudy payment;
in respect of a period commencing at a time when the student was at least 16 years old.
(2) A Commonwealth labour market program is a program administered by the Commonwealth under which:
(a) unemployed persons are given training in skills to improve their employment prospects; or
(b) unemployed persons are assisted in obtaining employment or to become self - employed; or
(c) employed persons are given training in skills and other assistance to aid them in continuing to be employed by their current employer or in obtaining other employment.