141Payments in relation to the creation or development of vocational education and training infrastructure

141 Payments in relation to the creation or development of vocational education and training infrastructure

For the purposes of this Act, a payment in relation to the creation or development of vocational education and training infrastructure is: (a) a payment to a vocational education and training provider in relation to the creation or development of education infrastructure; or (b) any of the following payments: (i) a payment in relation to the acquisition of shares in a company that is, or will be, involved in the creation or development of education infrastructure; (ii) a payment in relation to the acquisition of debentures of a company that is, or will be, involved in the creation or development of education infrastructure; (iii) a payment in relation to the acquisition of units in a unit trust that is, or will be, involved in the creation or development of education infrastructure; (iv) a payment in relation to the acquisition of any other financial asset in a business entity that is, or will be, involved in the creation or development of education infrastructure; (v) a payment in relation to a matter incidental or ancillary to a matter set out in subparagraph (i), (ii), (iii) or (iv); where the education infrastructure relates to the vocational education and training sector.

Note: See section 206.