Commonwealth Numbered Acts

FRINGE BENEFITS TAX ASSESSMENT ACT 1986 No. 39 of 1986 - SECT 23

23. Subject to this Part, the taxable value in relation to a year of tax of an
expense payment fringe benefit provided during the year of tax is the amount
of the payment referred to in paragraph 20 (a), or the reimbursement referred
to in paragraph 20 (b), as the case requires, reduced, in a case to which
paragraph 20 (a) applies, by the amount of the recipients contribution.