Payroll Tax (Amendment) Act 1994 (ACT)

AUSTRALIAN CAPITAL TERRITORY

Payroll Tax (Amendment) Act 1994

No. 16 of 1994

An Act to amend the Payroll Tax Act 1987

[Notified in ACT Gazette S87: 20 May 1994]

The Legislative Assembly for the Australian Capital Territory enacts as follows:

Short title

1.  This Act may be cited as the Payroll Tax (Amendment) Act 1994.

Commencement

2.  This Act shall be taken to have commenced on 1 April 1994.

Principal Act

3.  In this Act, “Principal Act” means the Payroll Tax Act 1987.1

Substitution

4.  Section 3A of the Principal Act is repealed and the following section substituted:

Value of benefits

“3A.  For the purposes of this Act, the value of any benefits provided by an employer during a financial year or a group year is the amount, in relation to that year, that would be the aggregate fringe benefits amount for the purposes of the Fringe Benefits Tax Assessment Act 1986 of the Commonwealth.”.

NOTE

1. Reprinted as at 30 April 1993.

[Presentation speech made in Assembly on  21 April 1994)

©  Australian Capital Territory 1994