43(1)This paragraph applies for the purpose of determining how the £30,000 threshold referred to in sections 403 and 404 operates where—U.K.
(a)payments or other benefits to which Chapter 3 of Part 6 apply are received, and
(b)payments or benefits to which section 148 of ICTA applied were received in respect of the same person—
(i)in respect of the same employment, or
(ii)in respect of different employments with the same employer or associated employers.
(2)For the purposes of section 403(4) and (5), section 415 (valuation of benefits) does not apply to the payments and benefits referred to in sub-paragraph (1)(b), and their aggregate amount is to be taken to be their aggregate amount immediately before 6th April 2003.
(3)The references in sections 403(4) and (5) and 404(3)(b) to payments or benefits to which Chapter 3 of Part 6 applies include references to the payments and benefits referred to in sub-paragraph (1)(b).
(4)Section 404(2) (when employers are associated) applies for the purposes of this paragraph.