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War Gratuity Act 1945
28War gratuity and interest not liable to income tax
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28 War gratuity and interest not liable to income tax
The amount of: (a) any war gratuity; or (b) any interest credited or paid to any person in pursuance of this Act; shall not be liable to income tax under any law of the Commonwealth or of a State or Territory of the Commonwealth, and shall not be deemed to be assets or ordinary income for the purposes of the Social Security Act 1991 or the Veterans’ Entitlements Act 1986.