[155ZB.- Power to provide for exemption of minor benefits.  

(1) The Treasury may make provision by regulations for exempting from section 154 such minor benefits as may be specified in the regulations.
(2) Any exemption conferred by regulations under this section is conditional on the benefit being made available to the employer's employees generally on similar terms.

95

]⁹⁶
[(3) If by virtue of regulations under this section there is no charge to tax under section 154 in respect of a benefit (or there would be no charge if the employee were in employment to which Chapter 2 of Part 5 applied), there is no charge to tax under section 141 (non-cash vouchers) in respect of a voucher evidencing the employee's entitlement to the benefit. ⁹⁷ ]

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95 2000 Sch.10 paras. 1,3 for 2000-01 and subsequent years of assessment. 96 For regulations see Part III under "Employments". 97 2002 s.36 for 2002-03 and subsequent years of assessment.