19Club fees and expenditure relating to leisure facilities

19 Club fees and expenditure relating to leisure facilities

Section 51AB of the Principal Act is amended: (a) by omitting from subsection (4) “subsection (5)” and substituting “subsections (5) and (5A)”; (b) by inserting after subsection (5) the following subsection: (5A) The rule in subsection (4) 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.