13(1)Section 102 (benefit of living accommodation treated as earnings) is amended as follows.U.K.
(2)In subsection (1), for the words before paragraph (a) substitute “ This section applies if living accommodation to which this Chapter applies is provided in any period (“the taxable period”)— ”.
(3)The words in subsection (1) from “the cash equivalent” to the end become subsection (1A).
(4)After subsection (1A) insert—
“(1B)If the benefit of the accommodation is provided pursuant to optional remuneration arrangements—
(a)subsection (1A) does not apply, and
(b)the relevant amount is to be treated as earnings from the employment for that tax year.”
(5)Omit subsection (2).
(6)At the end insert—
“(4)Section 103A indicates how the relevant amount is determined.”