Commonwealth Consolidated Acts

SOCIAL SECURITY ACT 1991 - SECT 1157U

             (1)  The Minister may, by legislative instrument, determine an alternative method for valuing housing fringe benefits.

          (1A)  A determination under subsection (1) may apply to all housing fringe benefits or only to specified kinds of housing fringe benefits.

             (2)  A determination under subsection (1):

                     (a)  takes effect from the first moment of the day next following the day when it is registered in the Federal Register of Legislative Instruments under the Legislative Instruments Act 2003 ; and

                     (b)  ceases to have effect 6 months after the day it starts to have effect, if it has not already been revoked.