Section 1157TD — Social Security Act 1991: Methods of valuing housing fringe benefits—payments associated with enjoying housing rights

(1) Subject to subsection (3), the value of a housing fringe benefit to which subsection 1157I(5) applies that is provided to a person who is not an employee of the Defence Force is to be worked out in accordance with section 1157TE. (2) Subject to subsection (3), the value of a housing fringe benefit to which subsection 1157I(5) applies that is provided to an employee of the Defence Force is to be worked out in accordance with section 1157TF. (3) If: (a) a determination is in force under section 1157U; and (b) the determination applies to housing fringe benefits to which subsection 1157I(5) applies; the value of a housing fringe benefit to which subsection 1157I(5) applies is to be worked out in accordance with the determination.