S.L. 123.55 Art. 29Value of free or discounted meals.

The value of the benefit referred to in rule 28 is the cost of the meal incurred by the provider of the benefit reduced by the price, if any, paid by the beneficiary:

Provided that when the said benefit is provided by a hotel or a catering or similar establishment to its employee, the said value shall be reduced by the in-house benefit reduction.