Document ID: chunk:federal_register_of_legislation:C2014C00672:clause:2_16
Version: federal_register_of_legislation:C2014C00672
Segment Type: clause
Provision Reference: sch 2 cl 16
Character Range: 22786–23419

16  Subsection 136(1) (definition of comparison time)
Repeal the definition, substitute:
comparison time, in relation to a residual fringe benefit, means:
 (a) if the fringe benefit is constituted by a benefit to which subsection 46(2) applies—the start of the billing period referred to in that subsection in relation to the benefit; or
 (b) if the fringe benefit is a period residual fringe benefit—the time when the recipients overall benefit started to be provided; or
 (c) if the fringe benefit is an airline transport fringe benefit—the time when the transport starts; or
 (d) otherwise—the time when the benefit is provided.