Fringe Benefits Tax Assessment Act 1986

SECTION 74D FINAL TRIBUNAL DECISION ABOUT PRIVATE RULING CONCLUSIVE  
74D(1)
In this section:

"arrangement"
, "fringe benefits tax law"
and "private ruling"
have the same meanings as in Part IVAA of the Taxation Administration Act 1953 .

"objection decision"
and "taxation objection"
have the same meanings as in Part IVC of the Taxation Administration Act 1953 .

74D(2)
If:

(a) on the review of an objection decision about a taxation objection against a private ruling, the Tribunal decides that a fringe benefits tax law would apply to a person in a particular way in respect of a year of tax in relation to an arrangement; and

(b) that decision becomes final;

then, for the purposes of this Act, that law applies to that person in that way in respect of that year in relation to that arrangement.

74D(3)
Subsection (2) applies in spite of any order or decision of a court, or any other decision of the Tribunal, about any application of that law.

74D(4)
For the purposes of subsection (2), if there is no appeal against the Tribunal's decision when the period for lodging an appeal ends, the decision becomes final at the end of the period.