187Meaning of “benefit”, “remuneration”F1...etc.E+W
In sections 185 [F2to 186A] —
“benefit” means a direct or indirect benefit of any nature;
“maximum amount”, in relation to remuneration, means the maximum amount of the remuneration whether specified in or ascertainable under the terms of the agreement in question;
“remuneration” includes any benefit in kind (and “amount” accordingly includes monetary value);
F3...
Textual Amendments
F1Words in s. 187 heading omitted (31.10.2022) by virtue of Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 39(a); S.I. 2022/1109, Sch. para. 11(h)
F2Words in s. 187 substituted (7.3.2024) by Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 42; S.I. 2024/265, reg. 3, Sch. 1 para. 13(m)
F3Word in s. 187 omitted (31.10.2022) by virtue of Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 39(b); S.I. 2022/1109, Sch. para. 11(h)