F1Cash equivalentU.K.
Textual Amendments
F1Sch. 6A inserted (27.7.1993 with effect for the year 1993-94 and subsequent years of assessment) by 1993 c. 34, s. 73, Sch. 4 paras.7, 8
F21(1)This paragraph applies where the van mentioned in section 159AA(1)—
(a)is not a van to which Part II of this Schedule applies for the year concerned, or
(b)is a van to which that Part applies for the year concerned but is a shared van (within the meaning there given) for part only of the year.
(2)Subject to paragraphs 2 and 3 below, the cash equivalent of the benefit is—
(a)£500, if the van is aged less than 4 years at the end of the year concerned;
(b)£350, if the van is aged 4 years or more at the end of the year concerned.
Textual Amendments
F2Sch. 6A inserted (27.7.1993 with effect for the year 1993-94 and subsequent years of assessment) by 1993 c. 34, s. 73, Sch. 4 paras.7, 8