Document ID: chunk:federal_register_of_legislation:C2004A00644:clause:1_4
Version: federal_register_of_legislation:C2004A00644
Segment Type: clause
Provision Reference: sch 1 cl 4
Character Range: 8512–9107

4  At the end of section 5B
Add:

Definitions

 (3) In this section:

FBT rate means the rate of fringe benefits tax for the year of tax.

GST rate means the rate of goods and services tax payable under the A New Tax System (Goods and Services Tax) Act 1999 for the year of tax.

type 1 aggregate fringe benefits amount means the employer's type 1 aggregate fringe benefits amount for the year of tax worked out under subsection 5C(3).

type 2 aggregate fringe benefits amount means the employer's type 2 aggregate fringe benefits amount for the year of tax worked out under subsection 5C(4).