Guideline: FBT - private use options summary matrix
Purpose
To provide the private use options summary (matrix).
Guideline
Private use options summary (as at June 2012)
| Option A University Provided Motor Vehicle | Option B Cashed out Benefit ($18,000 or $22,000) |
Terms and Conditions | ||
Vehicles owned by the ANU | √ | X |
Government Contract Purchase | √ | X |
Choice of Car | Approved list or up to allowance level | √ |
Full Private Use | All level 1’s, all level2’s and some level 3’s (as approved) | √ |
Restricted Private Use | Some Level 3’s | X |
Purchased/Serviced, Caltex Card etc Through ANU Fleet | √ | X |
Insurance | √ | X |
ANU conditions of Private Use Apply | √ |
|
Approval/Delegation | Holders of delegations N157, N159 or Y228 | Director HR |
Disposal through UPCO/Pickles | √ | X |
Vehicle Change Over | 2 years/40km | X |
Superannuable | NA to this option | X |
Option A Motor Vehicle from Published List = Terms and Conditions A
Option B Cashed out Benefit = MV Allowance
All vehicle purchase requests (with an initial private use entitlement) when sent to Fleet Services must be accompanied by a signed copy of the Private Use Authorisation Form
Before vehicle delivery a completed Terms & Conditions Form must be provided to University Fleet Services.
Information |
Printable version (PDF) |
| Title | FBT - private use options summary matrix |
| Document Type | Guideline |
| Document Number | ANUP_000740 |
| Version | 5 |
| Purpose | Private Use Options Summary (Matrix) guideline for the private use of University motor vehicles. |
| Audience | Staff |
| Category | Administrative |
| Topic/ SubTopic | Staff - Remuneration & Benefits |
| Effective Date | 1 Jun 2012 |
| Review Date | 1 Jun 2015 |
| Responsible Officer | Chief Financial Officer |
| Approved By: | Chief Financial Officer |
| Contact Area | Finance and Business Services |
| Authority |
Australian National University Act 1991 |
