Public Benevolent Institution Definition | Law Insider

Public Benevolent Institution definitionPublic Benevolent Institution means a Public Benevolent Institution as defined by the Australian Taxation Office as “a non-profit institution organised for the direct relief of poverty, sickness, suffering, distress, misfortune, disability or helplessness. The characteristics of a PBI are:View SourceBased on 5 documents5Draft with AISplit ViewAI-Powered Contracts

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Get StartedSchedule a DemoPublic Benevolent Institution means a public benevolent institution as defined by the Australian Charities and Not-for-profits Commission or the Australian Taxation Office.View SourceBased on 1 documents1Draft with AIPublic Benevolent Institution means SALBAGOSS INC considered by both themselves and other people to have as its primary operation one or more of the following activities:View SourceBased on 1 documents1Draft with AI

Examples of Public Benevolent Institution in a sentence

• A benefit received by an employee is an exempt benefit if the employee is employed by a Public Benevolent Institution such as Seventh-day Adventist Aged Care (South Queensland) Ltd., and the benefit is provided in respect of that employment.

• The Organisation has developed the flexible remuneration package in order to recruit and retain quality staff to the organisation utilising fringe benefit tax exemption status (as the Organisation is considered to be a Public Benevolent Institution by the Australian Taxation Office).

• To provide a fringe benefit through salary packaging to employees of Seventh-day Adventist Aged Care (South Queensland) Ltd, ABN 44104195922, which is a Public Benevolent Institution (PBI) and as such is exempt from Fringe Benefit Tax (FBT).

• St Vincent’s Care Services (SVCS) is a Not For Profit (NFP), Public Benevolent Institution (PBI) organisation.

• A benefit received by an employee is an exempt benefit if the employee is employed by a Public Benevolent Institution such as Queensland Baptist Care and the benefit is provided in respect of that employment.

• Advocare will only offer salary packaging while classified as a Public Benevolent Institution under the relevant legislation.

• Queensland Baptist Care is a Public Benevolent Institution (PBI) and as such is exempt from Fringe Benefit Tax (FBT).

• Where the employee ceases to be employed by the employer in a Public Benevolent Institution the salary packaging arrangement will cease to apply as at the date of cessation.

• An employee covered by this Agreement who is employed in a Public Benevolent Institution may elect, up to the amount allowed under relevant legislation, to take a proportion of their award salary in a form selected from a list of options offered by the employer.

• A benefit received by an employee is an exempt benefit if the employee is employed by a Public Benevolent Institution such as The Queensland Country Women's Association, and the benefit is provided in respect of that employment.

More Definitions of Public Benevolent Institution

Public Benevolent Institution means a body or entity that:View SourceBased on 1 documents1Draft with AIPublic Benevolent Institution means a body which is a public benevolent institution for the purposes of the Commonwealth Income Tax Assessment Act 1936 or any Act replacing that Act;View SourceBased on 1 documents1Draft with AI

Related to Public Benevolent Institution

• competent institution means the authority from which the person concerned is entitled to receive benefit or would be entitled to receive benefit if he were resident in the territory of the Party where that authority is situated;

• payment institution means a legal person that has been granted authorisation in accordance with Article 10 to provide and execute payment services throughout the Union;

• credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

• Host Institution means the body or institution or administering organisation named in the Letter of Award as the “Host Institution” as the body responsible for undertaking and managing the Research;

• parent institution in a Member State means an institution in a Member State which has a institution or a financial institution as a subsidiary or which holds a participation in such an institution, and which is not itself a subsidiary of another institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in the same Member State.

Related Definitions

• competent institution
• payment institution
• credit institution
• Host Institution
• parent institution in a Member State