Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT (FRINGE BENEFITS AND SUBSTANTIATION) ACT 1987 No. 139 of 1987 - SECT 69

69. Section 82KTG of the Principal Act is amended:

   (a)  by omitting from paragraph (g) "or" (last occurring); and

   (b)  by adding at the end the following word and paragraph:

"; or (j) both of the following conditions are satisfied:

        (i)    the whole or a part of at least one car expense incurred by the
               taxpayer in the preceding year of income in relation to the
               deductible car is an eligible expense in relation to which
               subsection 82KZBA (1) applies or has applied;

        (ii)   section 82KUD was not applied for the purpose of determining
               the amount of any deduction allowable under this Act in respect
               of car expenses incurred by the taxpayer in relation to the
               deductible car in the preceding year of income.".