Taxation Laws Amendment (FBT Cost of Compliance) Act 1995 (145 of 1995)

Schedule 2   CAR PARKING

Part 1   AMENDMENT OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986

Division 1   Additional test to be satisfied in relation to a car parking benefit

1   Paragraph 39A(a)

Add at the end:

"and (iii) the lowest fee charged by the operator of any such

commercial parking station in the ordinary course of business to

members of the public for all-day parking on the first business day of

the FBT year is more than the car parking threshold;".