Document ID: chunk:federal_register_of_legislation:C2004A00644:clause:2_1
Version: federal_register_of_legislation:C2004A00644
Segment Type: clause
Provision Reference: sch 2 cl 1
Character Range: 30177–31434

1  At the end of section 9‑75
Add:

 (3) In working out under subsection (1) the value of a *taxable supply made in a *tax period, being a supply that is a *fringe benefit, the price is taken to be the sum of:
 (a) to the extent that, apart from this subsection, paragraph (a) of the definition of price in subsection (1) would be applicable:
 (i) if the fringe benefit is a car fringe benefit—so much of the amount that would be worked out under that paragraph as represented the *recipient's payment made in that period; or
 (ii) if the fringe benefit is a benefit other than a car fringe benefit—so much of the amount that would be worked out under that paragraph as represented the *recipients contribution made in that period; and
 (b) to the extent that, apart from this subsection, paragraph (b) of the definition of price in subsection (1) would be applicable:
 (i) if the fringe benefit is a car fringe benefit—so much of the amount that would be worked out under that paragraph as represented the recipient's payment made in that period; or
 (ii) if the fringe benefit is a benefit other than a car fringe benefit—so much of the amount that would be worked out under that paragraph as represented the recipients contribution made in that period.