Fringe Benefits Tax Assessment Act 1986
This section has 2 conditions that must be satisfied for Division 3 to apply to an employer for an FBT year (the current year ).135B(2) First condition: base year established.
(a) the FBT year immediately before the current year was a base year (see section 135C ) of the employer; or
(b) some other FBT year before the current year was a base year of the employer and section 135G applied to the employer for every FBT year after that base year but before the current year. 135B(3) Second condition: no Commissioner's notice in previous year.
The employer must not have been given a paragraph 135E(2)(c) notice by the Commissioner during the FBT year immediately before the current year.