Fringe Benefits Tax Assessment Act 1986

PART III - FRINGE BENEFITS  

Division 13 - Miscellaneous exempt benefits  

SECTION 58G   EXEMPT BENEFITS - MOTOR VEHICLE PARKING  

58G(1)    
Each of the following benefits is an exempt benefit:


(a) an expense payment benefit, where:


(i) the recipients expenditure is in respect of the provision of motor vehicle parking facilities; and

(ii) the benefit is not an eligible car parking expense payment benefit;


(b) a residual benefit where the recipients benefit consists of motor vehicle parking facilities.


58G(2)    
If the employer of an employee is:


(a) a scientific institution (other than an institution carried on by a company, society or association for the purposes of profit or gain to its individual shareholders or members); or


(b) a registered charity; or


(c) (Repealed by No 169 of 2012)


(d) a public educational institution;

the following benefits provided in respect of the employment of the employee are exempt benefits:


(e) an eligible car parking expense payment benefit;


(f) a car parking benefit.


58G(3)    


If:


(a) the employer of an employee is a government body; and


(b) the employee is exclusively employed in, or in connection with, a public educational institution;

the following benefits provided in respect of the employment of the employee are exempt benefits:


(c) an eligible car parking expense payment benefit;


(d) a car parking benefit.





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