Fringe Benefits Tax Assessment Act 1986

SECTION 74A EFFECT OF PUBLIC RULING  
74A(1)
Expressions used in this section have the same meanings as in Part IVAAA of the Taxation Administration Act 1953 .

74A(2)
Subject to section 74C , if:

(a) there is a public ruling on the way in which a fringe benefits tax law applies to a person in relation to an arrangement ( ``ruled way'' ); and

(b) that law applies to that person in relation to that arrangement in a different way; and

(c) the amount of fringe benefits tax under an assessment in relation to that person would (apart from this section and section 74C ) exceed what it would have been if that law applied in the ruled way;

the assessment and amount of fringe benefits tax must be what they would be if that law applied in the ruled way.