Section 76 | Sickness benefits-related voucher

From legislation.gov.uk

15 July 2026

(1)This section applies where—

(a)the expense incurred by the person at whose cost a voucher, stamp or similar document is provided (“the provision expense”) includes costs to that person of providing sickness benefits (“sickness benefits costs”),

(b)the voucher, stamp or document would be a cash voucher (apart from this section) but for the fact that the sum of money for which it is capable of being exchanged (“the exchange sum”) is substantially less than the provision expense, and

(c)the whole or part of the difference between the exchange sum and the provision expense represents the sickness benefits costs.

(2)The voucher, stamp or document is a cash voucher within the meaning of this Chapter if—

Formula

E = PE - D

Formula

E is not substantially less than PE - D

where—

E is the exchange sum,

PE is the provision expense, and

D is the amount of the difference between E and PE which represents the sickness benefits costs.

(3)In this section “sickness benefits” mean benefits in connection with sickness, personal injury or death.