Document ID: chunk:federal_register_of_legislation:C2025C00120:section:61:p2
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 61 (pt 2/2)
Character Range: 295480–296495

in relation to a year of tax is in respect of remote area holiday transport, the amount that, but for this subsection and section 62, would be the taxable value of that fringe benefit in relation to the year of tax shall be reduced by 50%.
 (3) Where:
 (a) a remote area holiday transport fringe benefit in relation to an employee consists of the provision of an allowance to the spouse or a child of the employee; and
 (b) the whole or a part of the allowance has been expended by the recipient in obtaining the transport, meals or accommodation in respect of which the allowance was paid;
this section applies in relation to the fringe benefit as follows:
 (c) the fringe benefit shall be treated as if it were an expense payment fringe benefit;
 (d) the amount expended as mentioned in paragraph (b) shall be treated as if it were the recipients expenditure;
 (e) so much of the allowance as does not exceed the recipients expenditure shall be treated as if it were a reimbursement of the recipients expenditure.