695 Credit-tokens
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

695  Credit-tokens

(1)     On each occasion on which an employee uses a credit-token provided to the employee because of the employee's employment to obtain—

(a)     money, or

(b)     anything which, if provided to the employee at the time when the credit-token is used, would fall to be regarded as a readily convertible asset,

the employer

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