Commonwealth Numbered Acts

FRINGE BENEFITS TAX ASSESSMENT ACT 1986 No. 39 of 1986 - SECT 36

36. Subject to this Part, the taxable value of a board fringe benefit in
relation to a year of tax is-

   (a)  in a case where the recipient had attained the age of 12 years before
        the beginning of the year of tax-$2.00; or

   (b)  in any other case-$1.00, reduced by the amount of the recipients
        contribution.