Document ID: chunk:federal_register_of_legislation:C2025C00120:section:136:p3
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 136 (pt 3/34)
Character Range: 442537–445181

Bank housing loan.
benefit includes any right (including a right in relation to, and an interest in, real or personal property), privilege, service or facility and, without limiting the generality of the foregoing, includes a right, benefit, privilege, service or facility that is, or is to be, provided under:
 (a) an arrangement for or in relation to:
 (i) the performance of work (including work of a professional nature), whether with or without the provision of property;
 (ii) the provision of, or of the use of facilities for, entertainment, recreation or instruction; or
 (iii) the conferring of rights, benefits or privileges for which remuneration is payable in the form of a royalty, tribute, levy or similar exaction;
 (b) a contract of insurance; or
 (c) an arrangement for or in relation to the lending of money.
board benefit means a benefit referred to in section 35.
board fringe benefit means a fringe benefit that is a board benefit.
board meal means a meal provided, in respect of the employment of an employee of an employer, to a person (in this definition referred to as the recipient), being the employee or an associate of the employee, where:
 (a) the meal is provided on a meal entitlement day;
 (b) the meal is provided by the employer or, if the employer is a company, by the employer or by a company that is related to the employer;
 (c) either of the following subparagraphs applies:
 (i) the meal is cooked or otherwise prepared on eligible premises of the employer and is provided to the recipient on eligible premises of the employer (not being a dining facility that, at any time, is open to the public);
 (ii) the following conditions are satisfied:
 (A) the duties of employment of the employee consist principally of duties to be performed in, or in connection with, an eligible dining facility of the employer or a facility for the provision of accommodation, recreation or travel of which the eligible dining facility forms part;
 (B) the meal is cooked or otherwise prepared in the cooking facility of the eligible dining facility;
 (C) the meal is provided to the recipient in the eligible dining facility;
 (d) the facility in which the meal is cooked or otherwise prepared is not for use wholly or principally for the cooking or other preparation of meals solely for the employee or associates of the employee or for the employee and associates of the employee; and
 (e) the meal is not provided at a party, reception or other social function.
business journey means:
 (a) for the purposes of the application of Division 2 of Part III in relation to a car fringe benefit in relation to an employer in