Document ID: chunk:federal_register_of_legislation:C2025C00014:section:6:p7
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 6 (pt 7/19)
Character Range: 22752–25429

Tax Assessment Act 1997.
general insurance policy has the same meaning as in the Income Tax Assessment Act 1997.
general interest charge means the charge worked out under Part IIA of the Taxation Administration Act 1953.
general partner has the meaning given by subsection 995‑1(1) of the Income Tax Assessment Act 1997.
GST Act means the A New Tax System (Goods and Services Tax) Act 1999.
head company of a consolidated group or a MEC group has the same meaning as in the Income Tax Assessment Act 1997.
head entity of a demerger group has the meaning given by section 125‑65 of the Income Tax Assessment Act 1997.
Health Minister has the meaning given by the Income Tax Assessment Act 1997.
hold, in relation to an RSA, has the same meaning as in the Retirement Savings Accounts Act 1997.
holder, in relation to an RSA, has the same meaning as in the Retirement Savings Accounts Act 1997.
income from personal exertion or income derived from personal exertion means income consisting of earnings, salaries, wages, commissions, fees, bonuses, pensions, superannuation allowances, retiring allowances and retiring gratuities, allowances and gratuities received in the capacity of employee or in relation to any services rendered, the proceeds of any business carried on by the taxpayer either alone or as a partner with any other person, any amount received as a bounty or subsidy in carrying on a business, any amount that is included in the assessable income of the taxpayer by reason of section 393‑10 of the Income Tax Assessment Act 1997, the income from any property where that income forms part of the emoluments of any office or employment of profit held by the taxpayer, and any profit arising from the sale by the taxpayer of any property acquired by the taxpayer for the purpose of profit‑making by sale or from the carrying on or carrying out of any profit‑making undertaking or scheme, but does not include:
 (a) interest, unless the taxpayer's principal business consists of the lending of money, or unless the interest is received in respect of a debt due to the taxpayer for goods supplied or services rendered by the taxpayer in the course of the taxpayer's business; or
 (b) rents, dividends or non‑share dividends.
income from property or income derived from property means all income not being income from personal exertion.
income tax means income tax imposed as such by any Act, as assessed under this Act, but, except in section 260, does not include mining withholding tax or withholding tax.
Indigenous land has the same meaning as in the Income Tax Assessment Act 1997.
Indigenous person has the same meaning as in the Income Tax Assessment Act 1997.