SCHEDULES

SCHEDULE 2Optional remuneration arrangements

52Other amendments

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”.