Taxation Laws Amendment Act 1994 (56 of 1994)

Part 2   AMENDMENT OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986

Division 4   Non-government schools

11   Rebate for certain non-profit employers etc.

Section 65J of the Principal Act is amended by inserting after paragraph (1)(b) the following paragraph:

"(ba) a school (including a pre-school but not including a tertiary institution) that:

(i) although established by or under a law of the Commonwealth, a State or a Territory, is not conducted for or on behalf of the Commonwealth, a State or a Territory; and

(ii) is not conducted for the purpose of profit or gain to the persons or body of persons conducting it;".