Taxation Laws Amendment (FBT Cost of Compliance) Act 1995 (145 of 1995)

Schedule 3 AMENDMENTS OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986 RELATED TO EXEMPT BENEFITS

Insert:

"(aa) a non-profit scientific institution that:

(i) is engaged solely in research into the causes, prevention or

cure of diseases in humans; and

(ii) is established by a law of the Commonwealth, a State or a

Territory; and

(iii) is not conducted by or on behalf of the Commonwealth, a State

or a Territory;".