Tax Laws Amendment (2004 Measures No. 7) Act 2005 (41 of 2005)

Schedule 4   FBT exemption thresholds for long service award benefits

Fringe Benefits Tax Assessment Act 1986

1   Paragraph 58Q(1)(c) (formula)

Repeal the formula, substitute:

$1,000 + ($100 * (RLS - 15))