SCHEDULES
SCHEDULE 2Optional remuneration arrangements
Other amendments
52
1
In section 236 of ITEPA 2003 (interpretation of Chapter 2 of Part 4: exemptions for mileage allowance relief etc), in subsection (2)(b)—
a
in the words before sub-paragraph (i), for “the cash equivalent of” substitute “
an amount in respect of
”
;
b
in sub-paragraph (i), after “120” insert “
or 120A
”
;
c
in sub-paragraph (ii), after “154” insert “
or 154A
”
;
d
in sub-paragraph (iii), after “203” insert “
or 203A
”
.
2
In section 236 of ITEPA 2003 (interpretation of Chapter 2 of Part 4), in subsection (2)(c), for “the cash equivalent of” substitute “
an amount in respect of
”
.