FRINGE BENEFITS TAX ASSESSMENT ACT 1986
PART III
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FRINGE BENEFITS
Division 9
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Board fringe benefits
Subdivision B
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Taxable value of board fringe benefits
SECTION 36
36
TAXABLE VALUE OF BOARD FRINGE BENEFITS
Subject to this Part, the taxable value of a board fringe benefit in relation to a year of tax is:
(a) in a case where the recipient had attained the age of 12 years before the beginning of the year of tax - $2.00; or
(b) in any other case - $1.00;
Subject to this Part, the taxable value of a board fringe benefit in relation to a year of tax is:
(a) in a case where the recipient had attained the age of 12 years before the beginning of the year of tax - $2.00; or
(b) in any other case - $1.00;
reduced by the amount of the recipients contribution.
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