Commonwealth Consolidated Acts

FRINGE BENEFITS TAX ASSESSMENT ACT 1986 - SECT 58G

             (1)  Each of the following benefits is an exempt benefit:

                     (a)  an expense payment benefit, where:

                              (i)  the recipients expenditure is in respect of the provision of motor vehicle parking facilities; and

                             (ii)  the benefit is not an eligible car parking expense payment benefit;

                     (b)  a residual benefit where the recipients benefit consists of motor vehicle parking facilities.

             (2)  If the employer of an employee is:

                     (a)  a scientific institution (other than an institution carried on by a company, society or association for the purposes of profit or gain to its individual shareholders or members); or

                     (b)  a religious institution; or

                     (c)  a charitable institution; or

                     (d)  a public educational institution;

the following benefits provided in respect of the employment of the employee are exempt benefits:

                     (e)  an eligible car parking expense payment benefit;

                      (f)  a car parking benefit.

             (3)  If:

                     (a)  the employer of an employee is a government body; and

                     (b)  the employee is exclusively employed in, or in connection with, a public educational institution;

the following benefits provided in respect of the employment of the employee are exempt benefits:

                     (c)  an eligible car parking expense payment benefit;

                     (d)  a car parking benefit.