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Declarations/Other as made
This instrument amends the Income Tax Assessment (Eligible State and Territory COVID-19 Economic Recovery Grant Programs) Declaration 2020 to declare specified state and territory grant programs, as eligible grant programs allowing grants paid under them to be treated as non-assessable non-exempt income under the income tax law.
Administered by: Treasury
Registered 20 Jul 2021
Table of contents.

 

Income Tax Assessment (Eligible State and Territory COVID-19 Economic Recovery Grant Programs) Amendment Declaration (No. 1) 2021

I, Josh Frydenberg, Treasurer, make the following declaration.

Dated               16 July 2021

 

Josh Frydenberg

Treasurer

 

  

 

  


Contents

1  Name........................................................................................................................................ 1

2  Commencement........................................................................................................................ 1

3  Authority.................................................................................................................................. 1

4  Schedules................................................................................................................................. 1

Schedule 1—Amendments                                                                                            2

Income Tax Assessment (Eligible State and Territory COVID-19 Economic Recovery Grant Programs) Declaration 2020                                                                                                                                                                   2

 

 


1  Name

                   This instrument is the Income Tax Assessment (Eligible State and Territory COVID-19 Economic Recovery Grant Programs) Amendment Declaration (No. 1) 2021.

2  Commencement

             (1)  Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

The day after this instrument is registered.

 

Note:          This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

             (2)  Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

                   This instrument is made under the Income Tax Assessment Act 1997.

4  Schedules

                   Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

 

Income Tax Assessment (Eligible State and Territory COVID-19 Economic Recovery Grant Programs) Declaration 2020

 

1  Section 5 (after table item 21)

Insert:

 

21A

Alpine Support Program

Victoria

21B

Business Costs Assistance Program Round Two

Victoria

 

2  Section 5 (after table item 22)

Insert:

 

22A

Impacted Public Events Support Program

Victoria

22B

Independent Cinema Support Program

Victoria

 

3  Section 5 (after table item 23)

Insert:

 

23A

Licensed Hospitality Venue Fund 2021

Victoria

23B

Live Performance Support Program

Victoria

 

4  Section 5 (at the end of the table)

Add:

 

27

Sustainable Event Business Program

Victoria