# Income Tax (Earnings and Pensions) Act 2003, Section 92: Meaning of “credit-token”


(1) In this Chapter “credit-token” means a credit card, debit card or other card, a token, a document or other object given to a person by another person (“X”) who undertakes—
(a) on the production of it, to supply money, goods or services on credit, or
(b) if a third party (“Y”) supplies money, goods or services on its production, to pay Y for what is supplied.
(2) A card, token, document or other object can be a credit-token even if—
(a) some other action is required in addition to its production in order for the money, goods or services to be supplied;
(b) X in paying Y may take a discount or commission.
(3) For the purposes of this section—
(a) the use of an object given by X to operate a machine provided by X is to be treated as its production to X, and
(b) the use of an object given by X to operate a machine provided by Y is to be treated as its production to Y.
(4) A “credit-token” does not include a cash voucher or a non-cash voucher.

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Source: https://www.legislation.gov.uk/ukpga/2003/1/section/92 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-92
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.