Commonwealth Numbered Acts

FRINGE BENEFITS TAX ASSESSMENT ACT 1986 No. 39 of 1986 - SECT 8

8. (1) Except insofar as section 7 provides that the application or
availability of a car held by a person is a benefit, the application or
availability of a car held by a person is an exempt benefit.

(2) A car benefit provided in a year of tax in respect of the employment of a
current employee is an exempt benefit in relation to the year of tax if-

   (a)  the car is-

        (i)    a taxi, panel van or utility truck; or

        (ii)   any other road vehicle designed to carry a load of less than 1
               tonne (other than a vehicle designed for the principal purpose
               of carrying passengers); and

   (b)  either of the following conditions is satisfied:

        (i)    the car was not applied to a private use at any time during the
               year of tax when the benefit was provided;

        (ii)   all private use of the car during the year of tax and at a time
               when the benefit was provided consisted of work-related travel
               of the employee.