SCHEDULES

F1C1SCHEDULE 11A Removal Expenses and Benefits

Annotations:
Amendments (Textual)
Modifications etc. (not altering text)
C1

Sch. 11A modified (6.4.2001 in accordance with reg. 1(1) of the affecting S.I.) by The Social Security (Contributions) Regulations 2001 (S.I. 2001/1004), Sch. 3 Pt. 8 para. 2(7)

Part IIIF2ELIGIBLE REMOVAL EXPENSES

Annotations:
Amendments (Textual)
F2

Sch. 11A inserted (27.7.1993) by 1993 c. 34, s. 76, Sch. 5 para.2

F3Expenses of disposal

Annotations:
Amendments (Textual)
F3

Sch. 11A inserted (27.7.1993) by 1993 c. 34, s. 76, Sch. 5 para.2

F48

1

Expenses fall within paragraph 7(a) above if (and only if)—

a

the employee has an interest in his former residence,

b

that interest is disposed of, or is intended to be disposed of, in consequence of the change of residence, and

c

the expenses fall within sub-paragraph (2) below.

2

Expenses fall within this sub-paragraph if they consist of one of the following—

a

legal expenses connected with the disposal or intended disposal of the employee’s interest in his former residence (including legal expenses connected with the redemption of any loan relating to the residence),

b

any penalty for redeeming, for the purpose of the disposal or intended disposal, any loan relating to the residence,

c

fees of any estate agent or auctioneer engaged in the disposal or intended disposal,

d

expenses of advertising the disposal or intended disposal,

e

charges for disconnecting, for the purpose of the disposal or intended disposal, public utilities serving the residence,

f

expenses of maintaining, insuring, or preserving the security of the residence at any time when unoccupied pending the disposal or intended disposal, and

g

any rent paid in respect of the residence at any such time.

3

The reference in this paragraph to the employee having an interest in his former residence includes a reference to—

a

one or more members of the employee’s family or household having such an interest;

b

the employee and one or more members of his family or household having such an interest;

and references to the disposal or intended disposal of the employee’s interest in his former residence shall be construed accordingly.

4

For the purposes of this paragraph a loan relates to a residence if the loan was raised to obtain an interest in the residence, or an interest in the residence forms security for the loan, or both.