49Provision of motor cycle or cycle parking facilities
(1)The provisions listed below (which provide for exemption from tax in relation to the provision of car parking spaces) apply in relation to—
(a)motor cycle parking spaces, and
(b)facilities for parking cycles,
as they apply in relation to car parking spaces.
(2)The provisions referred to above are—
section 141(6A) of the Taxes Act 1988 (use of non-cash voucher to obtain use of parking space);
section 142(3A) of that Act (use of credit-token to obtain use of parking space);
section 155(1A) of that Act (taxable benefits: general charge excluded in relation to provision of parking space); and
section 197A of that Act (charge on emoluments excluded in relation to expenditure in connection with provision of parking space).
(3)In subsection (1) above—
“motor cycle” has the meaning given by section 185(1) of the [1988 c. 52.] Road Traffic Act 1988, and
“cycle” has the meaning given by section 192(1) of that Act.
(4)The provisions of this section have effect for the year 1999-00 and subsequent years of assessment.