Document ID: chunk:federal_register_of_legislation:C2025C00029:section:5:p24
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 5 (pt 24/32)
Character Range: 1440990–1443754

event that causes subsection 26‑100(3) to treat expenditure as if it had never been *SRWUIP expenditure;
if the amendment is made at any time during the period of 2 years starting immediately after that event.
Note: Section 170 of the Income Tax Assessment Act 1936 specifies the usual period within which assessments may be amended.

59‑85  2019 floods—recovery grants for small businesses, primary producers and non‑profit organisations
  A payment is not assessable income and is not *exempt income if:
 (a) for the purposes of the Disaster Recovery Funding Arrangements 2018 (set out in a determination made by the Minister for Law Enforcement and Cyber Security on 5 June 2018), the payment is a recovery grant made to a small business, primary producer or non‑profit organisation as part of a Category C or Category D measure; and
 (b) the payment relates to floods commencing in Australia in the period between 25 January 2019 and 28 February 2019.

59‑86  2019 floods—on‑farm grant program for primary producers
 (1) A payment is not assessable income and is not *exempt income if:
 (a) for the purposes of an agreement covered by subsection (2), the payment is a grant made to a primary producer; and
 (b) the grant is for replacing or repairing farm infrastructure, restocking, replanting, or a similar purpose.
 (2) An agreement is covered by this subsection if:
 (a) the agreement is entered into in the period between 1 February 2019 and 1 July 2019; and
 (b) the parties to the agreement are the Commonwealth and a State or Territory; and
 (c) the objective of the agreement is principally to assist primary producers impacted by floods commencing in Australia in the period between 25 January 2019 and 28 February 2019.

59‑90  Cash flow boost
  A cash flow boost paid in accordance with the Boosting Cash Flow for Employers (Coronavirus Economic Response Package) Act 2020 is not assessable income and is not *exempt income.

59‑95  Coronavirus economic response payment
  A payment is not assessable income and is not *exempt income if:
 (a) the payment is paid in accordance with rules made under the Coronavirus Economic Response Package (Payments and Benefits) Act 2020; and
 (b) those rules state that the payment is not assessable income and is not exempt income.

59‑96  COVID‑19 disaster payment
  A payment an individual receives is not assessable income and is not *exempt income if it is a COVID‑19 disaster payment (within the meaning of the COVID‑19 Disaster Payment (Funding Arrangements) Act 2021).

59‑97  State and Territory grants to small business relating to the recovery from the coronavirus known as COVID‑19
 (1) A payment an entity receives is not assessable income and is not *exempt income if:
 (a) the entity receives the