# The Income Tax (Pay As You Earn) Regulations 2003, Regulation 134: Interpretation of Chapter 3

Extent: E+W+S+N.I.

In this Chapter—
“fund” means a person who pays holiday pay—
(a)to an individual who is not employed by the person, or
(b)in respect of such an individual who has died;
“holiday pay” means—
(a)any payment received by an individual in exchange for a voucher, stamp or similar document purchased by a person who employs (or employed) that individual for any holiday period, or
(b)if such an individual has died, any payment received by a person claiming in respect of that individual’s right to such a payment;
“recipient” means a person who is paid holiday pay.

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Source: https://www.legislation.gov.uk/uksi/2003/2682/regulation/134 (the official version)
Page: https://openlegislation.uk/income-tax-pay-as-you-earn-regulations-2003/regulation-134
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.