Explanatory note

This Order makes the following provisions for the purposes of paragraph 27 of Schedule 24 to the Finance Act 1994.

First, it sets out the circumstances in which the said paragraph 27 is to continue to apply to an “eligible person” within the meaning of that paragraph notwithstanding the fact that one of the conditions set out in paragraph 27(2) becomes or became satisfied in his case: articles 2 to 4.

Secondly, it sets out the circumstances in which a transport voucher is to be treated as if it were, or had been, provided for a person by reason of his being in the employment of an employer engaged in the railway industry: article 5.

Thirdly, it specifies classes and descriptions of activity for the purposes of paragraph 27(6) of the said Schedule 24: article 6. A person carrying on an activity of a class or description so specified is to be regarded as an employer “engaged in the railway industry” for the purposes of paragraph 27.

This Order does not impose any costs on business.