FRINGE BENEFITS TAX ASSESSMENT ACT 1986

PART III - FRINGE BENEFITS  

Division 10A - Car parking fringe benefits  

Subdivision D - 12 week record keeping method  

SECTION 39GE   CHOOSING THE 12 WEEK PERIOD FOR A REGISTER  

39GE(1)   [Period register must be kept]  

The register must be kept for a continuous period of at least 12 weeks throughout which car parking benefits are provided to employees covered by the election.

39GE(2)   [Period must be representative]  

The period for which the register is kept must be representative of usage for the first FBT year for which it is valid.

39GE(3)   [Register not valid]  

If subsection (1) or (2) is not satisfied, the register is not valid.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.