Document ID: chunk:federal_register_of_legislation:C2004A00445:clause:5_6
Version: federal_register_of_legislation:C2004A00445
Segment Type: clause
Provision Reference: sch 5 cl 6
Character Range: 63958–66787

6  At the end of Division 52
Add:

Subdivision 52‑F—Exemption of Commonwealth education or training payments

Table of sections

52‑140 Supplementary amount of a Commonwealth education or training payment is exempt
52‑145 Meaning of Commonwealth education or training payment

52‑140  Supplementary amount of a Commonwealth education or training payment is exempt

 (1) This section tells you about the income tax treatment of a *Commonwealth education or training payment.

 (2) The *supplementary amount of the payment is exempt from income tax.

 (3) The supplementary amount is the total of:
 (a) so much of the payment as is included to assist you with, or to reimburse you for, the costs of any one or more of the following:
 (i) rent;
 (ii) living in a remote area;
 (iii) commencing employment;
 (iv) travel to, or participation in, courses, interviews, education or training;
 (v) a child or children wholly or substantially dependent on you;
 (vi) telephone bills;
 (vii) living away from your usual residence;
 (viii) maintaining your usual residence while living away from that residence;
 (ix) accommodation, books or equipment;
 (x) discharging a HEC assessment debt (within the meaning of Chapter 4 of the Higher Education Funding Act 1988);
 (xi) transport in travelling to undertake education or training, or to visit your usual residence when undertaking education or training away from that residence;
 (xii) if you are disabled—acquiring any special equipment, services or transport as a result of the disability;
 (xiii) anything that would otherwise prevent you from beginning, continuing or completing any education or training; and
 (b) so much of the payment as is included by way of pharmaceutical allowance.

52‑145  Meaning of Commonwealth education or training payment

 (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;
  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.