Document ID: chunk:federal_register_of_legislation:C2025C00120:section:10:p3
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 10 (pt 3/5)
Character Range: 55102–57682

case where car expenses in respect of fuel or oil for the car were incurred during the holding period by recipients of the car fringe benefits and:
 (A) the persons incurring those expenses give to the employer, before the declaration date, declarations, in a form approved by the Commissioner, in respect of those expenses; or
 (B) documentary evidence of those expenses is obtained by the persons incurring the expenses and given to the employer before the declaration date;
  the amount of those expenses paid by the recipients less any amount paid or payable to the recipients by way of reimbursement of those expenses; and
 (ii) in a case where:
 (A) car expenses in respect of the car (other than car expenses in respect of fuel or oil for the car) were incurred during the holding period by recipients of the car fringe benefits; and
 (B) documentary evidence of those expenses is obtained by the persons incurring the expenses and given to the employer before the declaration date;
  the amount of those expenses paid by the recipients less any amount paid or payable to the recipients by way of reimbursement of those expenses.
 (3A) A reference in subparagraph (3)(a)(i) to an insured repair expense relating to a car is a reference to:
 (a) so much of an expense incurred in respect of repairs to the car as does not exceed an amount:
 (i) received by way of insurance in respect of the repairs by the person incurring the expense;
 (ii) paid by way of insurance in respect of the repairs in discharge of the obligation of the insured to pay the expense;
 (iii) received by way of compensation in respect of the repairs by the person incurring the expense from the person legally responsible for the damage to the car; or
 (iv) paid by way of compensation in respect of the repairs by the person legally responsible for the damage to the car in discharge of the obligation of the person incurring the expense to pay the expense; or
 (b) an expense incurred in respect of repairs to the car:
 (i) by an insurer under a contract of insurance; or
 (ii) by way of compensation by the person legally responsible for the damage to the car.
 (3B) Where, in accordance with subsection 162K(2), the identity of a car changes one or more times during the period (in this subsection called the overall holding period) that, apart from that subsection, would be the holding period, the operating cost of the car during each period (in this subsection called a statutory holding period) that is a holding period in relation to the car when the car had a separate identity is so much