Treasury Laws Amendment (Electric Car Discount) Act 2022 (86 of 2022)

Schedule 1   Electric car discount: exemptions from fringe benefits tax

Fringe Benefits Tax Assessment Act 1986

7   Application of amendments

(1) The amendments of the Fringe Benefits Tax Assessment Act 1986 made by this Schedule apply to benefits provided on or after 1 July 2022.

(2) Section 8A of the Fringe Benefits Tax Assessment Act 1986 applies to a car benefit only if the earliest time when a person both held and used the car was at or after the start of 1 July 2022.