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Fringe Benefits Tax Assessment Act 1986
36Taxable value of board fringe benefits
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#### 36 Taxable value of board fringe benefits
Subject to this Part, the taxable value of a board fringe benefit in relation to a year of tax is:
(a) in a case where the recipient had attained the age of 12 years before the beginning of the year of tax—$2.00; or
(b) in any other case—$1.00;
reduced by the amount of the recipients contribution.