Document ID: chunk:federal_register_of_legislation:C2025C00120:section:136:p19
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 136 (pt 19/34)
Character Range: 481261–484045

the same in all respects, including physical characteristics, quality and reputation, except for differences (if any) that are minimal or insignificant and do not affect the value of the property.
incorporated company means a company being a body corporate.
individual fringe benefits amount for a year of tax in respect of the employment of an employee by an employer has the meaning given by section 5E.
individual quasi‑fringe benefits amount for a year of tax in respect of the employment of an employee by an employer has the meaning given by subsection 135Q(3).
industrial instrument means a law of the Commonwealth or of a State or Territory or an award, order, determination or industrial agreement in force under any such law.
in‑house expense payment fringe benefit means:
 (a) an in‑house property expense payment fringe benefit; or
 (b) an in‑house residual expense payment fringe benefit.
in‑house fringe benefit means:
 (a) an in‑house expense payment fringe benefit;
 (b) an in‑house property fringe benefit; or
 (c) an in‑house residual fringe benefit.
in‑house health care facility, in relation to an employer, means a clinic, surgery, first‑aid station or similar facility that is:
 (a) operated wholly or principally for providing health care in respect of compensable work‑related trauma suffered:
 (i) in any case—by employees of the employer; or
 (ii) if the employer is a company—by employees of the employer or by employees of a company that is related to the employer; and
 (b) located:
 (i) on premises of the employer or, if the employer is a company, of the employer or of a company that is related to the employer; or
 (ii) at or adjacent to a place where employees of the employer or, if the employer is a company, of the employer or of a company that is related to the employer (other than members of the staff of the facility) perform the duties of their employment.
in‑house non‑period residual fringe benefit means an in‑house residual fringe benefit that is not provided during a period.
in‑house period residual fringe benefit means an in‑house residual fringe benefit that is provided during a period.
in‑house property expense payment fringe benefit, in relation to an employer, means an expense payment fringe benefit in relation to the employer where:
 (a) the recipients expenditure was incurred in respect of the provision of tangible property by a person (in this definition called the property provider);
 (b) the provision of the property is a property benefit;
 (c) if the property provider is the employer or an associate of the employer—at or about the provision time, the property provider carried on a business that consisted of or included the provision of identical or similar property principally to outsiders;
 (d) if the property