Fee‑waiver scholarships in the year 2004
22A Fee‑waiver scholarships in the year 2004
The amount or value of a scholarship in respect of the year 2004 is taken not to be income for the purposes of the Social Security Act 1991 if:
the scholarship is provided by an institution; and
the scholarship is in the form of a waiver of all of the fees (within the meaning of the old Act) that the person would be liable to pay to the institution in connection with a course of study (within the meaning of the old Act); and
the course of study is not a designated course of study (within the meaning of Chapter 4 of the old Act).
Subitem (1) does not affect whether the amount or value of a scholarship in relation to which that subitem does not apply is income for the purposes of the Social Security Act 1991.
In this item:
institution means an institution or body mentioned in any of the following:
subsection 34(4) of the old Act;
the definition of institution in subsection 98A(1) of the old Act;
Schedule 1 to the old Act.
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