Commonwealth Numbered Acts

INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 11.1

*Ordinary income or *statutory income which is exempt from income tax can be
divided into 3 main classes:

   (a)  ordinary or statutory income of entities that are exempt, no matter
        what kind of ordinary or statutory income they have (see table in
        section 11-5);

   (b)  ordinary or statutory income which is exempt, no matter whose it is
        (see table in section 11-10);

   (c)  ordinary or statutory income which is exempt only if it is

*derived by certain entities (see table in section 11-15).