CX 33B Benefits for members of Parliament

Reasonable estimates may be used to determine, for the purposes of the FBT rules, what benefit provided under the Members of Parliament (Remuneration and Services) Act 2013 to a member of Parliament is a fringe benefit, or excluded from being a fringe benefit, or valued at zero.

Defined in this Act: FBT rules, fringe benefit

Section CX 33B: inserted (with effect on 1 July 2013), on 17 July 2013, by section 22 of the Taxation (Livestock Valuation, Assets Expenditure, and Remedial Matters) Act 2013 (2013 No 52).

Section CX 33B: amended, on 16 December 2013, by section 66 of the Members of Parliament (Remuneration and Services) Act 2013 (2013 No 93).