A New Tax System (Tax Administration) Act (No. 2) 2000 (91 of 2000)
Schedule 2 Consequential and miscellaneous amendments
Part 4 FBT amendments commencing on 1 April 2001
Fringe Benefits Tax Assessment Act 1986
148 Section 70
Repeal the section, substitute:
70 Keeping records of indirect tax transactions
A return under section 68 or 69 must:
(a) be in the approved form; and
(b) specify:
(i) the fringe benefits taxable amount of the employer of the year of tax concerned; and
(ii) the amount of tax payable on that amount.
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