Document ID: chunk:federal_register_of_legislation:F2018L01284:reg:10
Version: federal_register_of_legislation:F2018L01284
Segment Type: reg
Provision Reference: reg 10
Character Range: 11336–11885

10  Excluded fringe benefit—pooled or shared cars
 (1) A fringe benefit is prescribed for the purposes of paragraph 5E(3)(i) of the Act if:
 (a) the benefit is a car fringe benefit; and
 (b) the car to which the benefit relates is applied to or available for the private use of more than one employee under subsection 7(1) of the Act.
Example: An employer makes one car available to 3 employees, for private use, at different times during the year of tax.
 (2) The fringe benefit is so prescribed for each employee to whom the benefit is provided.