Document ID: chunk:federal_register_of_legislation:C2010C00262:clause:5_7
Version: federal_register_of_legislation:C2010C00262
Segment Type: clause
Provision Reference: sch 5 cl 7
Character Range: 78649–79183

7  Transitional—being a small business entity for the 2005‑06 or 2006‑07 income year
For the purposes of subparagraph 58GA(1)(d)(ii) of the Fringe Benefits Tax Assessment Act 1986, an employer is taken to be a small business entity for the 2005‑06 income year or the 2006‑07 income year (each a relevant income year) if the employer would have been a small business entity for the relevant income year had the amendments made by Schedule 1 to the Tax Laws Amendment (Small Business) Act 2007 been in force in relation to that year.