Interpretation of Chapter 3U.K.
134. In this Chapter—
“fund” means a person who pays holiday pay—
(a)
to an individual who is not employed by the person, or
(b)
in respect of such an individual who has died;
“holiday pay” means—
(a)
any payment received by an individual in exchange for a voucher, stamp or similar document purchased by a person who employs (or employed) that individual for any holiday period, or
(b)
if such an individual has died, any payment received by a person claiming in respect of that individual’s right to such a payment;
“recipient” means a person who is paid holiday pay.