Document ID: chunk:federal_register_of_legislation:C2016C00475:clause:1_20
Version: federal_register_of_legislation:C2016C00475
Segment Type: clause
Provision Reference: sch 1 cl 20
Character Range: 14716–16122

20  Subsection 136(1) (paragraphs (k), (ka) and (kb) of the definition of fringe benefit)
Repeal the paragraphs, substitute:
 (k) a superannuation benefit (within the meaning of the Income Tax Assessment Act 1997); or
 (l) a payment covered by section 26AF or 26AFA of the Income Tax Assessment Act 1936; or
 (la) an early retirement scheme payment (within the meaning of the Income Tax Assessment Act 1997); or
 (lb) a genuine redundancy payment (within the meaning of the Income Tax Assessment Act 1997); or
 (lc) an employment termination payment (within the meaning of the Income Tax Assessment Act 1997); or
 (ld) a payment that would be an employment termination payment (within the meaning of the Income Tax Assessment Act 1997) apart from paragraph 82‑130(1)(b) of that Act; or
 (le) any of the following payments, if they would be employment termination payments (within the meaning of the Income Tax Assessment Act 1997) apart from paragraph 82‑130(1)(b) and section 82‑135 of that Act:
 (i) an unused annual leave payment (within the meaning of that Act);
 (ii) an unused long service leave payment (within the meaning of that Act);
 (iii) a payment covered by Subdivision 83‑D (Foreign termination payments) of that Act;
 (iv) a payment covered by paragraph 82‑135(g) of that Act;
 (v) a payment of an annuity, or a supplement, covered by section 27H of the Income Tax Assessment Act 1936; or