[228A General exclusion from exemptions: optional remuneration arrangements]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[228A  General exclusion from exemptions: optional remuneration arrangements]

[(1)     A relevant exemption does not apply (whether to prevent liability to income tax from arising or to reduce liability to income tax) in respect of a benefit or facility so far as the benefit or facility is provided pursuant to optional remuneration arrangements.

(2)     For the purposes of subsection (1) it does not matter whether the relevant exemption would (apart from that subsection) have effect as an employment income exemption or an earnings-only exemption.

(3)     For the purposes of this section an exemption conferred by this Part is a “relevant exemption” unless it

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