Commonwealth Consolidated Acts

FRINGE BENEFITS TAX ASSESSMENT ACT 1986 - SECT 142D

    For the purposes of this Act, where:

  (a)   the recipients unit of accommodation in relation to a housing fringe benefit in relation to an employee in relation to an employer in relation to a year of tax consists of accommodation in a hostel or a similar building that is operated wholly or principally for the purpose of providing accommodation for employees of:

  (i)   the employer; or

  (ii)   if the employer is a company--the employer or a company that is related to the employer; and

  (b)   the recipient is not entitled to exclusive use of:

  (i)   cooking facilities in the hostel or building; or

  (ii)   more than one bedroom in the hostel or building;

the recipients unit of accommodation shall be taken to be eligible accommodation in an employees hostel in relation to the year of tax.