Taxation Laws Amendment Act 1994 (56 of 1994)

Part 2   AMENDMENT OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986

Division 3   Car parking benefits

8   Interpretation

Section 136 of the Principal Act is amended by omitting from subsection (1) the definitions of "all-day parking" and "commercial parking station" and substituting respectively the following definitions:

"'all-day parking', in relation to a particular day, means parking of a single car for a continuous period of 6 hours or more during a daylight period on that day;

'commercial parking station', in relation to a particular day, means a permanent commercial car parking facility where any or all of the car parking spaces are available in the ordinary course of business to members of the public for all-day parking on that day on payment of a fee, but does not include a parking facility on a public street, road, lane, thoroughfare or footpath paid for by inserting money in a meter or by obtaining a voucher;".