CTHRepealedAct
Taxation (Deficit Reduction) Act (No. 1) 1993
18Losses and outgoings
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18 Losses and outgoings
Section 51 of the Principal Act is amended by inserting after subsection (6) the following subsection: (6A) The rule in subsection (6) does not apply to expenditure incurred by the provider of a fringe benefit (within the meaning of the Fringe Benefits Tax Assessment Act 1986), if the expenditure is in respect of the provision of the fringe benefit.