INCOME TAX ASSESSMENT ACT 1997 - SECT 51.42 Bonuses for early completion of an apprenticeship

INCOME TAX ASSESSMENT ACT 1997 - SECT 51.42

  (1)   The bonus must be provided under a scheme provided by a State or Territory, and the scheme must be specified in the regulations for the purposes of this section.

  (2)   The apprenticeship:

  (a)   must be for an occupation of a kind specified in the regulations; and

  (b)   must be completed within a time frame specified in the regulations for apprenticeships of that kind.