Document ID: chunk:federal_register_of_legislation:F2024C01158:reg:4:p12
Version: federal_register_of_legislation:F2024C01158
Segment Type: reg
Provision Reference: reg 4 (pt 12/32)
Character Range: 78859–81532

of the Act, a circumstance in which a deduction mentioned in subsection 326(1) of the Act is reasonable is that:
 (a) the deduction is made in respect of the provision of goods or services:
 (i) by an employer, or a party related to the employer; and
 (ii) to an employee; and
 (b) the goods or services are provided in the ordinary course of the business of the employer or related party; and
 (c) the goods or services are provided to members of the general public on:
 (i) the same terms and conditions as those on which the goods or services were provided to the employee; or
 (ii) on terms and conditions that are not more favourable to the members of the general public.
             Example 1: A deduction of health insurance fees made by an employer that is a health fund.
             Example 2: A deduction for a loan repayment made by an employer that is a financial institution.
 (2) For subsection 326(2) of the Act, a circumstance in which a deduction mentioned in subsection 326(1) of the Act is reasonable is that the deduction is for the purpose of recovering costs directly incurred by the employer as a result of the voluntary private use of particular property of the employer by an employee (whether authorised or not).
Examples of costs
         1 The cost of items purchased on a corporate credit card for personal use by the employee.
         2 The cost of personal calls on a company mobile phone.
         3 The cost of petrol purchased for the private use of a company vehicle by the employee.

Deductions not reasonable
 (3) For subsection 326(2) of the Act, and subject to subregulations (1) and (2), a circumstance in which a deduction mentioned in subsection 326(1) of the Act is not reasonable is that the deduction is for an amount that may be varied from time to time.

Division 3—Guarantee of annual earnings

2.13  High Income threshold
 (1) For subsection 333(1) of the Act, this regulation sets out the manner in which the high income threshold is to be worked out.
Note: For the high income threshold for the purposes of subsection 333F(2) of the Act (about exceptions to fixed term contract limitations), see regulation 2.14.
 (2) The high income threshold for the period starting on 1 July 2009 and ending at the end of 30 June 2010 is worked out using the following steps.

First indexation
Step 1             Identify the assessment of current average weekly ordinary time earnings published by the Australian Statistician for February 2008 and in effect on 1 July 2008.
                   Note: This is the amount of the average weekly ordinary time earnings, seasonally adjusted, for full‑time adult employees of all employers