Western Australian Consolidated Regulations Western Australian Consolidated Regulations (1) A remote area
housing fringe benefit is exempt.
(2) A subsidy provided
for the cost of electricity, gas or water supplied to the residence of an
employee living in a remote area is exempt to the extent of the costs actually
incurred by the employee for the supply.
(3) A loan fringe
benefit, an expense payment fringe benefit, or a property fringe benefit is
exempt if —
(a) the
benefit relates to a remote area housing loan, remote area housing rent,
remote area residential property, a remote area residential property option
fee or remote area residential property repurchase consideration as provided
in the FBTA Act; and
(b) the
taxable value of the benefit is reduced under section 60 of that Act.
(4) An expense payment
fringe benefit, a property fringe benefit or a residual fringe benefit is
exempt if —
(a) it
relates to remote area holiday transport as provided in the FBTA Act; and
(b) its
taxable value is reduced under section 61 of that Act.
(5) If the taxable
value of a remote area holiday transport fringe benefit is reduced under
section 60A of the FBTA Act, the benefit is exempt to the extent of an
amount equal to twice the amount of the reduction.