Commonwealth Consolidated Acts

TAXATION LAWS AMENDMENT ACT (NO. 5) 2003 - SCHEDULE 5

Fringe Benefits Tax Assessment Act 1986

1   Subsection 5B(1E) (method statement, step 2)

Omit:

2   Subsection 5B(1E) (method statement, step 2)

Omit "described in subsection 57A(3) (which is about public hospitals other than hospitals connected with the Commonwealth, a State or a Territory)".

3   Subsection 5B(1E) (method statement, step 2)

Omit "(a),".

4   Subparagraphs 57A(2)(b)(i) and (ii)

Repeal the subparagraphs, substitute:

  (i)   a public hospital; or

5   Subsection 57A(3)

Omit all the words after "public hospital".

6   Paragraphs 140(1B)(a) and (b)

Repeal the paragraphs, substitute:

  (a)   a public hospital;

7   Subparagraphs 140(1C)(b)(i) and (ii)

Repeal the subparagraphs, substitute:

  (i)   a public hospital; or

8   Application of amendments

The amendments of the Fringe Benefits Tax Assessment Act 1986 made by this Schedule apply in relation to benefits provided on or after 1   April 2003.