Tax Laws Amendment (2004 Measures No. 1) Act 2004 (95 of 2004)
Schedule 10 Endorsement of charities etc.
Part 1 Amendments
Fringe Benefits Tax Assessment Act 1986
19 Subsection 57A(5)
Repeal the subsection, substitute:
(5) A benefit provided in respect of the employment of an employee is an exempt benefit if:
(a) the employer of the employee is a health promotion charity; and
(b) the health promotion charity is endorsed under subsection 123D(1).
Note: The heading to section 57A is altered by inserting " , health promotion charities " after " public benevolent institutions ".