s 54-1
In forceWhat this Division is about
Chapter 2Liability rules of general application
Part 2-15Non ‑ assessable income
Division 54Exemption for certain payments made under structured settlements and structured orders
54-1 What this Division is about
Certain annuities and lump sums provided under structured settlements and structured orders are exempt from income tax. This Division tells you what a structured settlement is and what a structured order is, and when such an annuity or lump sum is exempt.
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