FRINGE BENEFITS TAX ASSESSMENT ACT 1986

PART XII - INTERPRETATION  

SECTION 142D   142D   ELIGIBLE ACCOMMODATION IN AN EMPLOYEES HOSTEL  


For the purposes of this Act, where:


(a) the recipients unit of accommodation in relation to a housing fringe benefit in relation to an employee in relation to an employer in relation to a year of tax consists of accommodation in a hostel or a similar building that is operated wholly or principally for the purpose of providing accommodation for employees of:


(i) the employer; or

(ii) if the employer is a company - the employer or a company that is related to the employer; and


(b) the recipient is not entitled to exclusive use of:


(i) cooking facilities in the hostel or building; or

(ii) more than one bedroom in the hostel or building;

the recipients unit of accommodation shall be taken to be eligible accommodation in an employees hostel in relation to the year of tax.




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