Document ID: chunk:federal_register_of_legislation:F2024C01292:clause:2_36
Version: federal_register_of_legislation:F2024C01292
Segment Type: clause
Provision Reference: sch 2 cl 36
Character Range: 193753–194451

36  Taxable value of board fringe benefits
  Subject to this Part, the value of a board fringe benefit is:
 (a) in relation to a contribution assessment period beginning:
 (i) on 1 July 1992; or
 (ii) during the year beginning on 1 July 1992;
  $1; and
 (b) in relation to a later contribution assessment period—a sum worked out according to the formula:

  where:
  CPI is the increase in the All Groups Consumer Price Index number that is the weighted average of the 8 capital cities published by the Australian Statistician in respect of the period that commences on 1 July 1992 and ends immediately before the start of the financial year in which the contribution assessment period commences.