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PART 7U.K.SPECIAL CASES

CHAPTER 3U.K.HOLIDAY PAY FUNDS

Interpretation of Chapter 3U.K.

134.  In this Chapter—

“fund” means a person who pays holiday pay—

(a)

to an individual who is not employed by the person, or

(b)

in respect of such an individual who has died;

“holiday pay” means—

(a)

any payment received by an individual in exchange for a voucher, stamp or similar document purchased by a person who employs (or employed) that individual for any holiday period, or

(b)

if such an individual has died, any payment received by a person claiming in respect of that individual’s right to such a payment;

“recipient” means a person who is paid holiday pay.

Commencement Information

I1Reg. 134 in force at 6.4.2004, see reg. 1