Taxation Laws Amendment Act 1994 (56 of 1994)

Part 2   AMENDMENT OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986

Division 3   Car parking benefits

9   Application of amendments

The amendments made by this Division:

(a) in so far as they relate to fringe benefits tax, apply to assessments of the fringe benefits taxable amount of the year of tax beginning on 1 April 1994 and of all later years of tax; and
        

(b) in so far as they relate to income tax, apply in relation to expenditure incurred by a taxpayer on or after 1 July 1994.