58ZEExempt benefits—provision of certain education or training

#### 58ZE Exempt benefits—provision of certain education or training (1) Subject to subsection (2), a benefit is an exempt benefit in relation to a year of tax if: (a) the benefit is provided in, or in respect of, the year of tax in respect of education or training undertaken by an employee of an employer; and (b) the employee is redundant; and (c) the employer has complied with any obligation under the Fair Work Act 2009 that applies in relation to the redundancy; and (d) the education or training is for the primary purpose of enabling the employee to gain or produce salary or wages in respect of any employment to which the education or training relates. (2) For the purposes of paragraph (1)(b), an employee is redundant if the employee’s employer no longer requires, or reasonably expects to no longer require, the employee’s job to be performed by anyone because of changes in the operational requirements of the employer’s business or undertaking. (3) This section does not apply to a benefit provided to an employee of an employer if: (a) the benefit is provided under a salary packaging arrangement; or (b) the benefit is a payment or other amount covered by subsection 26‑20(1) of the Income Tax Assessment Act 1997; or (c) the education or training in respect of which the benefit is provided is undertaken as part of a primary course (within the meaning of the A New Tax System (Goods and Services Tax) Act 1999) or a secondary course (within the meaning of that Act); or (d) if the employer is an individual—the employee is a relative of the employer; or (e) if the employer is a partnership—the employee is a relative of a partner in the partnership; or (f) if the employer is a company (other than a widely held company within the meaning of the Income Tax Assessment Act 1997)—the employee is: (i) a shareholder in, or a relative of a shareholder in, the company; or (ii) a director of, or a relative of a director of, the company.