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 ".

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).