Document ID: chunk:federal_register_of_legislation:C2004A00642:clause:1_3
Version: federal_register_of_legislation:C2004A00642
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 2134–2700

3  At the end of section 87
Add:

 (3) Despite subsection (1), the Authority is liable to pay fringe benefits tax in respect of fringe benefits provided by the Authority on or after the date of commencement of this subsection.

 (4) In subsection (3):

fringe benefit means a fringe benefit as defined by subsection 136(1) of the Fringe Benefits Tax Assessment Act 1986.

fringe benefits tax means tax payable under the Fringe Benefits Tax Assessment Act 1986.

provide, in relation to a fringe benefit, includes allow, confer, give, grant or perform the benefit.