Tax Laws Amendment (2004 Measures No. 1) Act 2004 (95 of 2004)

Schedule 10   Endorsement of charities etc.

Part 1   Amendments

Fringe Benefits Tax Assessment Act 1986

24   Section 135M

Omit:

Special rules apply for working out the employee's reportable fringe benefits amount in respect of the employee's employment if the benefits provided in respect of the employment include exempt benefits under section 57A or 58 (about employment with public benevolent institutions and bodies providing care for sick, elderly or disadvantaged persons) (see section 135Q).

substitute:

Special rules apply for working out the employee's reportable fringe benefits amount in respect of the employee's employment if the benefits provided in respect of the employment include exempt benefits under section 57A or 58 (about employment with public benevolent institutions, certain hospitals, health promotion charities and bodies providing care for sick, elderly or disadvantaged persons) (see section 135Q).