Commonwealth Numbered Acts

FRINGE BENEFITS TAX ASSESSMENT ACT 1986 No. 39 of 1986 - SECT 121

121. (1) A registered tax agent shall not allow any person, not being his or
her employee, a registered tax agent or, in the case of a partnership which is
registered as a tax agent, a member of that partnership-

   (a)  to prepare on the registered tax agent's behalf, either directly or
        indirectly, a fringe benefits tax return or objection; or

   (b)  to conduct on the registered tax agent's behalf, either directly or
        indirectly, any business relating to any fringe benefits tax return or
        objection or fringe benefits tax matter.
Penalty: $1,000.

(2) A partnership or company that is registered as a tax agent shall not allow
any person to do anything specified in paragraph (1) (a) or (b) except under
the supervision and control of a person who is a registered nominee of the
partnership or company for the purposes of Part VIIA of the Income Tax 
Assessment Act 1936 .
Penalty: $1,000.

(3) Nothing in this section shall be construed as prohibiting the employment
by a registered tax agent of a solicitor or counsel to act in the course of
his or her profession in the preparation of any objection or in any litigation
or proceedings before a board, or in an advisory capacity either in connection
with the preparation of any fringe benefits tax return or the conduct of any
such business as is referred to in paragraph (1) (b).