“(xiii) in the case of a motor vehicle, in respect of the year of assessment beginning on the 1st January, 2008, and any subsequent year of assessment, the cost to the employer shall be deemed to be the following⎯ (a) four hundred and eighty million dollars, in the case of a motor vehicle whose engine capacity does not exceed one thousand five hundred cubic centimetres; (b) seven hundred and twenty million dollars, in the case of a motor vehicle whose capacity exceeds one thousand five hundred cubic centimetres but does not exceed two thousand cubic centimetres; (c) nine hundred million dollars, in the case of a motor vehicle whose capacity exceeds two thousand cubic centimetres but does not exceed three thousand cubic centimetres; (d) one billion two hundred million dollars, in the case of a motor vehicle whose capacity exceeds three thousand cubic centimetres; and such deemed cost shall be reduced proportionally where the period of use of the motor vehicle is less than the year of assessment;”; (b) by the insertion of the following paragraph after paragraph (s)— “(t) the amount so received or accrued as a result of the sale of shares offered to an employee pursuant to a share option scheme, as adjusted in accordance with the following formula: A – (B + C) where⎯ A represents the value of the shares at the time of exercise of the share option by the employee; B represents the value of the shares offered to the employee pursuant to a share option scheme; C represents the figure B to which the inflation allowance is applied, which allowance is to be determined in accordance with the following formula: (D – E) E xB E where⎯ D is the figure for the All-items Consumer Price Index issued by the Central Statistics Office at the time the employee exercises the share option; E is the figure for the All-items Consumer Price Index issued by the Central Statistics Office at time when the shares were offered to the employee pursuant to a share option scheme.”.