Document ID: chunk:federal_register_of_legislation:C2025C00120:section:136:p23
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 136 (pt 23/34)
Character Range: 491271–493897

has the general administration.
liquidator, in relation to a company, means a person who, whether or not appointed as liquidator, is required by law to carry out the winding up of the company.
living‑away‑from‑home allowance benefit means a benefit referred to in section 30.
living‑away‑from‑home allowance fringe benefit means a fringe benefit that is living‑away‑from‑home allowance benefit.
living‑away‑from‑home food fringe benefit means:
 (a) an expense payment fringe benefit provided in respect of the employment of an employee where:
 (i) the recipients expenditure was incurred in respect of food or drink; and
 (ii) the food or drink was not for consumption while the employee was undertaking travel in the course of performing the duties of that employment; and
 (iii) the food or drink was for consumption by eligible family members at a time when the duties of that employment required the employee to live away from his or her normal residence; or
 (b) a property fringe benefit provided in respect of the employment of an employee where:
 (i) the recipients property is food or drink; and
 (ii) the food or drink was not for consumption while the employee was undertaking travel in the course of performing the duties of that employment; and
 (iii) the food or drink was for consumption by eligible family members at a time when the duties of that employment required the employee to live away from his or her normal residence.
loan includes:
 (a) an advance of money;
 (b) the provision of credit or any other form of financial accommodation;
 (c) the payment of an amount for, on account of, on behalf of or at the request of a person where there is an obligation (whether expressed or implied) to repay the amount; and
 (d) a transaction (whatever its terms or form) which in substance effects a loan of money.
loan benefit means a benefit referred to in subsection 16(1).
loan fringe benefit means a fringe benefit that is a loan benefit.
log book records, in relation to a car held by a person (in this definition called the holder), in relation to a period, means a daily log book or similar document in which, in respect of each business journey:
 (a) that is undertaken in the car during the period; and
 (b) that the holder, or a person acting on behalf of the holder, chooses to record in the document for the purpose of demonstrating the pattern of use of the car during the period;
an entry setting out particulars of:
 (c) the date on which the journey began and the date on which it ended; and
 (d) the respective odometer readings of the car at the beginning and end of the journey; and
 (e) the