Explain (citing sections where appropriate) whether the following receipts are specifically exempt from income tax (1 mark each):

• Government child care subsidy received by parents.
• A scholarship received by a full-time university student studying in an Australian university. The scholarship is paid by a major accounting firm. Under the terms of the scholarship, the student is obliged to undertake paid short-term employment for the accounting firm upon graduation. This employment involves giving presentations to university students about the merits of working for this firm.
• Student fee income received by a public Australian university that incurs its expenditures and pursues its objectives principally in Australia.
• Money earned by a constitutionally protected fund.