S.L. 123.55 · Fringe Benefits Rules (S.L. 123.55)
S.L. 123.55 Art. 16Annual value of the private use of van.
PART B
The private use of a mechanically propelled vehicle that is a constructed or adapted as a means of land transport, and that is excluded from the definition of "vehicle" in terms of paragraph (a),
(b), (c), (d) or (e) of the said definition in rule 8, shall be deemed to have no value.
Änderungsgeschichte
- Amended by L.N. 409 of 2007