Document ID: chunk:federal_register_of_legislation:C2010C00576:clause:3_137
Version: federal_register_of_legislation:C2010C00576
Segment Type: clause
Provision Reference: sch 3 cl 137
Character Range: 78947–79396

137  After section 360‑75 in Schedule 1
Insert:

360‑77  Basic categories of non‑assessable non‑exempt income

  This section covers *ordinary income, or *statutory income, to the extent that it is *non‑assessable non‑exempt income because of:
 (a) subsection 23L(1) of the Income Tax Assessment Act 1936 (about fringe benefits); or
 (b) section 59‑5 of the Income Tax Assessment Act 1997 (about bonus payments made to certain older Australians).