Document ID: chunk:federal_register_of_legislation:C2005A00061:clause:1_2
Version: federal_register_of_legislation:C2005A00061
Segment Type: clause
Provision Reference: sch 1 cl 2
Character Range: 5300–5968

2  Subsection 3(1)
Insert:

passive employment income of an individual, in respect of a period, means:
 (a) income that is earned by the individual in respect of the period as a result of the individual being on paid leave for the period; or
 (b) a payment of compensation, or a payment under an insurance scheme, in respect of the individual's inability to earn, derive or receive income from paid work during the period; or
 (c) if the individual stops paid work as a self‑employed individual—income that is derived by the individual in respect of the period from an interest, or from investments, held in connection with the individual's previous self‑employment.