CTHRepealedAct
Taxation (Deficit Reduction) Act (No. 1) 1993
20Deductions not allowable for entertainment expenses
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20 Deductions not allowable for entertainment expenses
Section 51AE of the Principal Act is amended by inserting after subsection (5) the following subsection: (5AA) 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.