Document ID: chunk:federal_register_of_legislation:F2025C00210:reg:26
Version: federal_register_of_legislation:F2025C00210
Segment Type: reg
Provision Reference: reg 26
Character Range: 34893–35800

26  Vehicles
 (1) If a Part 3 office holder:
 (a) accepts an offer of a vehicle owned or leased by the office holder's authority for private use; or
 (b) has access to a vehicle owned or leased by the office holder's authority for private use;
the actual cost of the vehicle to the authority (including fringe benefits tax), less a reasonable amount (if any) reflecting business usage patterns, is taken to be a benefit.
 (2) For the purposes of subsection (1):
 (a) if the annual business kilometres are less than 5,000—the business usage amount is to be based on the "cents per kilometre" method; or
 (b) if the annual business kilometres are 5,000 or more:
 (i) any business usage amount is to be assessed on log book records for at least a 12 week representative period; and
 (ii) the percentage of business use to total kilometres travelled per year is to be applied to the total cost of the vehicle.