Related Commentary  

90(1)  This regulation applies if–

(a)section 120 (benefit of car treated as earnings) or 120A (benefit of a car treated as earnings: optional remuneration arrangements) of ITEPA treat the benefit of a car as giving rise to an amount as earnings of an employee received in a tax year, and

(b)one or more of the following occurs in a tax quarter–

(i)the car becomes available;

(ii)the car becomes unavailable;

(iii)the car is available and the employee's employment becomes subject to the benefits code (as defined by regulation 85(3)).

90(1A)  This regulation does not apply if–

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