Australian Capital Territory Numbered Acts

REVENUE LEGISLATION AMENDMENT ACT 2006 (NO. 19 OF 2006 ) - SECT 24

insert

9AB     Exemption from tax—trainees under approved training contracts

    (1)     This section applies to a trainee if an approved group training organisation employs the trainee under an approved training contract.

    (2)     Section 6 does not apply to wages paid or payable to the trainee by the approved group training organisation.

    (3)     On application by an entity, the commissioner may approve the entity as a group training organisation if satisfied that the entity—

        (a)     is a not-for-profit entity; and

        (b)     provides training to trainees under approved training contracts; and

        (c)     makes trainees available to work for other people.

Note     If a form is approved under the Taxation Administration Act 1999 , s 139C for an application, the form must be used.

    (4)     In this section:

"approved group training organisation" means an organisation that is approved by the commissioner under subsection (3).

"approved training contract"—see the Vocational Education and Training Act 2003 , dictionary.

"trainee"—see the Vocational Education and Training Act 2003 , dictionary.

Note     Trainee is defined as a person who undertakes training under a training contract, and includes an apprentice.