Part 4

Employment income: exemptions
Chapter 5

Exemptions: recreational benefits

Recreational facilities

Power to alter benefits to which section 261 applies
263
The Treasury may by regulations provide that section 261—
a
does not apply to a benefit specified in the regulations,
b
applies to a benefit so specified only where such conditions as the regulations specify are met in relation to the terms on which, and the persons to whom, it is provided, or
c
applies in such cases as are so specified to—
i
facilities that do not meet the conditions in section 261(3) to (5), or
ii
a benefit within section 262.
Pt. 4 modified (10.6.2021) by Finance Act 2021 (c. 26), s. 26(3)