Fringe Benefits Tax Assessment Act 1986

PART III - FRINGE BENEFITS  

Division 9 - Board fringe benefits  

Subdivision B - 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;

reduced by the amount of the recipients contribution.




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