A New Tax System (Pay As You Go) Act 1999 (178 of 1999)

Schedule 2   Running balance accounts, general interest charge and related matters

Part 3   Fringe benefits tax

Fringe Benefits Tax Assessment Act 1986

139   Subsection 136(1) (definition of year of tax )

Repeal the definition, substitute:

year of tax means the year starting on 1 April 1987, and each later year starting on 1 April.