Fringe Benefits Tax Assessment Act 1986
View history note
Hide history noteFor the purposes of the operation of this Act in relation to a year of tax, a person who is an employer is taken to keep and retain a statutory evidentiary document at a time if: (a) a determination under subsection (2) is in force at that time; and (b) the determination specifies the year of tax; and (c) the statutory evidentiary document is in a class of statutory evidentiary documents specified in the determination for the year of tax; and (d) the person is in a class of persons specified in the determination for that class of statutory evidentiary documents for the year of tax; and (e) the person keeps and retains, at that time, alternative documents or records of a kind specified in the determination for that class of persons for that class of statutory evidentiary documents for the year of tax.
123AA(2)
The Commissioner may, by legislative instrument, make a determination that specifies all of the following: (a) one or more years of tax; (b) one or more classes of statutory evidentiary documents for a specified year of tax; (c) one or more classes of persons for a specified class of statutory evidentiary documents for a specified year of tax; (d) one or more kinds of alternative documents or records for a specified class of persons for a specified class of statutory evidentiary documents for a specified year of tax.
123AA(3)
For the purposes of paragraph (2)(d) , the determination may specify a kind of documents or records only if the Commissioner is reasonably satisfied that the kind of documents or records is, for the purposes of this Act, an adequate alternative to the class of statutory evidentiary documents for which it is specified.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
