Daniel is an employee and his employer paid $4,300 to a family holiday resort on the Sunshine Coast, Queensland for Daniel to spend one week in January 2015 there with his family. His employer provided this benefit to Daniel every year. If Daniel did not use the holiday, he could not transfer it to another person. Daniel, his wife Danni and their three children spent a week at the holiday resort. Which of the following features of ordinary income will the receipt of the holiday have most difficulty in satisfying?

1.The receipt must be characterised in the hands of the recipient.

2.The receipt should exhibit regularity or periodicity.

3.The receipt must have a sufficient connection with an income-earning activity.

4.The receipt of illegal amounts may still be considered to be income.

5.The receipt must be easily convertible into money.