Taxation Laws Amendment Act 1994 (56 of 1994)

Part 2   AMENDMENT OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986

Division 3   Car parking benefits

7   Object of Division

The objects of this Division are:

(a) to ensure that a car parking benefit is valued only by reference to fees charged by commercial parking station operators during daylight hours; and
            

(b) to exclude kerbside parking meters from being regarded as a commercial parking station.