Fringe Benefits Tax Amendment Regulations 2003 (No. 1) (Cth)

Fringe Benefits Tax Amendment Regulations 2003 (No. 1)1

Statutory Rules 2003 No. 382

I, PETER JOHN HOLLINGWORTH, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Fringe Benefits Tax Assessment Act 1986.

Dated 20 March 2003

PETER HOLLINGWORTH

Governor-General

By His Excellency’s Command

HELEN COONAN

Minister for Revenue and Assistant Treasurer

1Name of Regulations

These Regulations are the Fringe Benefits Tax Amendment Regulations 2003 (No. 1).

2Commencement

These Regulations commence on gazettal.

3Amendment of Fringe Benefits Tax Regulations 1992

Schedule 1 amends the Fringe Benefits Tax Regulations 1992.

Schedule 1Amendments

(regulation 3)

  

[1]Regulation 3D, heading

substitute

3DExcluded fringe benefit — Defence Force (Act s 5E)

[2]After regulation 3D

insert

3EExcluded fringe benefit — police (Act s 5E)

1. (1)

   For paragraph 5E (3) (i) of the Act, a fringe benefit provided, in the circumstances described in subregulation (2), to a member of a police force or police service of the Commonwealth, a State or Territory who is a resident of Australia or an external Territory is an excluded fringe benefit in relation to the year of tax starting on 1 April 2002 and each later year of tax.

2. (2)

   A fringe benefit to the extent that it is assistance for the removal or storage of the household effects of the member is an excluded fringe benefit if:

   1. (a)

      the member is directed to change residence by the police force or service that provides the benefit; and

   2. (b)

      the removal or storage arises from the direction.

3. (3)

   In this regulation:

household effects has the meaning given in paragraph 58B (2) (a) of the Act.

Notes

1. These Regulations amend Statutory Rules 1992 No. 130, as amended by 1993 Nos. 105 and 148; 1994 No. 196; 2000 Nos. 40, 127, 228 and 251; 2001 Nos. 36, 188, 289 and 321; 2002 No. 301.

2. Notified in the Commonwealth of Australia Gazette