Value of employer-provided cars not to be pensionable

3.  In Schedule 1 to the principal Regulations, the definition of “remuneration” shall be amended as follows:—

(a) at the end of paragraph (d) the word “or” shall be omitted;

(b) at the end of paragraph (e) the word “or” shall be added; and

(c) there shall be added after paragraph (e)—

“(f) the equivalent money value to the employee of the provision of a motor vehicle by or on behalf of the employing authority;”.