Section 262 — Income Tax (Earnings and Pensions) Act 2003: Benefits not exempted by section 261

Benefits not exempted by section 261 262 1 Section 261 (exemption of recreational benefits) does not apply to the following benefits—

a an interest in or the use of any of the following—

i a mechanically propelled vehicle, ii holiday or other overnight accommodation, or iii facilities which include, or are provided in association with, a right or opportunity to make use of holiday or overnight accommodation, b facilities provided on domestic premises, or c a right or opportunity to make use of facilities within paragraph (a) or (b).

2 In this section— “ domestic premises ” means— premises used wholly or mainly as a private dwelling, or land or other premises belonging to, or enjoyed with, premises so used, and “ vehicle ” includes a ship, boat or other vessel, an aircraft and a hovercraft.