Document ID: chunk:federal_register_of_legislation:C2025C00120:section:136:p21
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 136 (pt 21/34)
Character Range: 486326–489098

the provision of identical or similar benefits principally to outsiders;
 (c) if the residual benefit provider is not the employer or an associate of the employer:
 (i) the residual benefit provider purchased the benefit from the employer or an associate of the employer (which employer or associate is in this definition called the seller); and
 (ii) at or about the time that, if the residual benefit had been a residual fringe benefit, would have been the comparison time, both the residual benefit provider and the seller carried on a business that consisted of or included the provision of identical or similar benefits principally to outsiders; and
 (d) documentary evidence of the recipients expenditure is obtained by the recipient and that documentary evidence, or a copy, is given to the employer before the declaration date.
in‑house residual fringe benefit, in relation to an employer, means a residual fringe benefit in relation to the employer:
 (a) where both of the following conditions are satisfied:
 (i) the provider is the employer or an associate of the employer;
 (ii) at or about the comparison time, the provider carried on a business that consisted of or included the provision of identical or similar benefits principally to outsiders; or
 (b) where all of the following conditions are satisfied:
 (i) the provider is not the employer or an associate of the employer;
 (ii) the provider purchased the benefit from the employer or an associate of the employer (which employer or associate is in this definition called the seller);
 (iii) at or about the comparison time, both the provider and the seller carried on a business that consisted of or included the provision of identical or similar benefits principally to outsiders;
but does not include a benefit provided under a contract of investment insurance.
injury means any physical or mental injury.
in respect of, in relation to the employment of an employee, includes by reason of, by virtue of, or for or in relation directly or indirectly to, that employment.
intangible property means:
 (a) real property;
 (b) a chose in action; and
 (c) any other kind of property other than tangible property;
but does not include:
 (d) a right arising under a contract of insurance; or
 (e) a lease or licence in respect of real property or tangible property.
interest, in relation to a loan, includes a payment in the nature of interest.
internal Territory has a meaning affected by subsection 157(1).
Note: See also section 2B of the Acts Interpretation Act 1901.
international aircrew expense payment benefit means an expense payment fringe benefit where the recipients expenditure:
 (a) is in respect of travel by the recipient in the course of performing the duties of the recipient's employment