Document ID: chunk:federal_register_of_legislation:C2025C00120:section:136:p15
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 136 (pt 15/34)
Character Range: 471679–474261

fringe benefit.
Families Department has the meaning given by the Income Tax Assessment Act 1997.
family member, in relation to a benefit provided to an employee, or to an associate of an employee, in respect of the employment of the employee, means:
 (a) the employee;
 (b) the spouse of the employee; or
 (c) a child of the employee.
FBT year means a year beginning on 1 April.
fitting, in relation to a non‑business accessory, includes the acquisition of the accessory.
food component, in relation to a living‑away‑from‑home allowance fringe benefit, means so much (if any) of the fringe benefit as might reasonably be concluded to be compensation for expenses to be incurred by the employee for food or drink for eligible family members during the period to which the fringe benefit relates.
foreign earnings has the same meaning as in section 23AG of the Income Tax Assessment Act 1936.
former employee means a person who has been a current employee.
former employer means a person who has been a current employer.
fringe benefit, in relation to an employee, in relation to the employer of the employee, in relation to a year of tax, means a benefit:
 (a) provided at any time during the year of tax; or
 (b) provided in respect of the year of tax;
being a benefit provided to the employee or to an associate of the employee by:
 (c) the employer; or
 (d) an associate of the employer; or
 (e) a person (in this paragraph referred to as the arranger) other than the employer or an associate of the employer under an arrangement covered by paragraph (a) of the definition of arrangement between:
 (i) the employer or an associate of the employer; and
 (ii) the arranger or another person; or
 (ea) a person other than the employer or an associate of the employer, if the employer or an associate of the employer:
 (i) participates in or facilitates the provision or receipt of the benefit; or
 (ii) participates in, facilitates or promotes a scheme or plan involving the provision of the benefit;
  and the employer or associate knows, or ought reasonably to know, that the employer or associate is doing so;
in respect of the employment of the employee, but does not include:
 (f) a payment of salary or wages or a payment that would be salary or wages if salary or wages included exempt income for the purposes of the Income Tax Assessment Act 1936; or
 (g) a benefit that is an exempt benefit in relation to the year of tax; or
 (h) a benefit constituted by the acquisition of an ESS interest under an employee share scheme (within the meaning of the Income Tax Assessment Act