Taxation Laws Amendment (FBT Cost of Compliance) Act 1995 (145 of 1995)

Schedule 1   MEAL ENTERTAINMENT AND ENTERTAINMENT FACILITIES

Part 1   AMENDMENT OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986

2   Subsection 136(1) (definition of business premises)

Omit all the words after "business operations", substitute, "of the

person, but does not include:

(a) premises, or a part of premises, used as a place of residence of

an employee of the person or an employee of an associate of the person;

or

(b) a corporate box; or

(c) boats or planes used primarily for the purpose of providing

entertainment unless the boat or plane is used in the person's business

of providing entertainment; or

(d) other premises used primarily for the purpose of providing

entertainment unless the premises are used in the person's business of

providing entertainment.

In this definition, provision of entertainment has the same meaning as

in section 51AE of the Income Tax Assessment Act 1936.".


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