Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 30.37

    For the purposes of item   2.1.13 of the table in subsection   30 - 25(1), a scholarship, bursary or prize is one to which this section applies if:

  (a)   it may only be awarded to Australian citizens, or permanent residents of Australia, within the meaning of the Australian Citizenship Act 2007 ; and

  (b)   it is open to individuals or groups of individuals throughout a region of at least 200,000 people, or throughout at least an entire State or Territory; and

  (c)   it promotes recipients' education in either or both of the following:

  (i)   * pre - school courses, * primary courses, * secondary courses or * tertiary courses;

  (ii)   educational institutions overseas, by way of study of a component of a course covered by subparagraph   (i); and

  (d)   it is awarded on merit or for reasons of equity.