Commonwealth Consolidated Acts

FRINGE BENEFITS TAX ASSESSMENT ACT 1986 - SECT 54

    Where:

  (a)   a board fringe benefit in relation to an employer is provided on a particular day;

  (b)   on that day, the provider of the fringe benefit also provides food or drink (not being a meal) to the recipient of the fringe benefit; and

  (c)   the food or drink:

  (i)   is provided to, and consumed by, the recipient on that day on eligible premises of the employer; and

  (ii)   is not provided at a party, reception or other social function;

the provision of the food or drink is an exempt benefit.