Commonwealth Consolidated Acts Commonwealth Consolidated Acts
Income Tax Assessment Act 1997
1 Section 11 - 15 (table item headed "education and training")
After:
full - time student, income from a scholarship, bursary, other educational allowance or educational assistance |
|
Insert:
HECS - HELP benefit, recipient of .......... | 51 - 10 |
2 Section 51 - 10 (at the end of the table)
Add:
2.9 | a recipient of a * HECS - HELP benefit | the benefit | none |
3 Subsection 995 - 1(1)
Insert:
"HECS-HELP benefit" has the same meaning as in the Higher Education Support Act 2003 .
4 Application provision
The amendments made by this Sc hedule apply to assessments for:
(a) the 2008 - 09 income year ; and
(b) later income years.