Taxation Laws Amendment Act (No. 8) 2003 (107 of 2003)

Schedule 4   Depreciation of cars for FBT

Fringe Benefits Tax Assessment Act 1986

3   Application

The amendments of the Fringe Benefits Tax Assessment Act 1986 made by this Schedule apply in relation to a person and a car if the person becomes the owner of the car after 30 June 2002 (whether or not anyone else owned the car before the person becomes the owner of it).