The benefits code1 applies to optional remuneration arrangements2. A benefit provided for an employee is provided under 'optional remuneration arrangements' so far as it is provided under arrangements of type A or B (regardless of whether those arrangements are made before or after the beginning of the person's employment)3.
The arrangements are:
(1) Type A: arrangements under which, in return for the benefit, the employee gives up the right (or a future right) to receive an amount of earnings
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