39GFFBT years for which register is valid

#### 39GF FBT years for which register is valid 12 week period in one FBT year (1) If the 12 week period begins and ends in the one FBT year, the register is valid for that FBT year and, subject to subsections (3) and (4), for each of the 4 FBT years immediately following that year. 12 week period over 2 FBT years (2) If the 12 week period begins in one FBT year and ends in another FBT year, the register is only valid for the second FBT year and, subject to subsections (3) and (4), for each of the 4 years immediately following that year. When register ceases to be valid—increase in benefits (3) A register that is valid for an FBT year ceases to be valid at the end of that FBT year if the number of car parking fringe benefits for the employer for employees covered by the election increases by more than 10% on any day in that FBT year. > Note: This means that if the number of car parking fringe benefits increases by more than 10%, the employer will have to keep a new register in the FBT year following the year of the increase if the employer wants to use the method in this Subdivision for that following year. When a register ceases to be valid—later register (4) A register that is valid for an FBT year ceases to be valid if there is a later valid register for that FBT year that covers the same employee.