FRINGE BENEFITS TAX ASSESSMENT ACT 1986

PART III - FRINGE BENEFITS  

Division 13 - Miscellaneous exempt benefits  

SECTION 58N   58N   EXEMPT BENEFITS - EMERGENCY ASSISTANCE  


Where:


(a) a benefit is provided in respect of the employment of an employee of an employer;


(b) the benefit is provided solely by way of the grant of emergency assistance to the recipient; and


(c) if the benefit is:


(i) an expense payment benefit where the recipients expenditure is wholly or partly in respect of health care;

(ii) a property benefit where the recipients property is supplied in connection with the provision of health care;

(iii) a residual benefit where the recipients benefit consists of the provision of health care; or

(iv) a loan benefit constituted by the making of a loan where the purpose of the making of the loan is wholly or partly to enable the recipient to meet expenses incurred by the recipient in respect of health care;
the health care is provided:

(v) by an employee of the employer or, if the employer is a company, of the employer or of a company that is related to the employer;

(vi) on premises of the employer or, if the employer is a company, of the employer or of a company that is related to the employer; or

(vii) at or adjacent to a place where employees of the employer or, if the employer is a company, of the employer or of a company that is related to the employer perform the duties of their employment;

the benefit is an exempt benefit.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.