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SOCIAL SECURITY ACT 1991 - SECT 1157TD

Methods of valuing housing fringe benefits--payments associated with enjoying housing rights

  (1)   Subject to subsection   (3), the value of a housing fringe benefit to which subsection   1157I(5) applies that is provided to a person who is not an employee of the Defence Force is to be worked out in accordance with section   1157TE.

  (2)   Subject to subsection   (3), the value of a housing fringe benefit to which subsection   1157I(5) applies that is provided to an employee of the Defence Force is to be worked out in accordance with section   1157TF.

  (3)   If:

  (a)   a determination is in force under section   1157U; and

  (b)   the determination applies to housing fringe benefits to which subsection   1157I(5) applies;

the value of a housing fringe benefit to which subsection   1157I(5) applies is to be worked out in accordance with the determination.


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