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

Schedule 5   OTHER AMENDMENTS OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986

19   Paragraph 65F(b)

Omit the paragraph, substitute:

"(b) the employer specifies the employer's estimate of the number of

business kilometres travelled by the car in the holding period; and

(c) the employer specifies a percentage as the business use

percentage applicable to the car in relation to the recipient for the

holding period.".