(1) For the purposes of this Act, an employee's employment is exempt employment at any time if at that time -

(a) it satisfies the employee contributions test under subsection (2), or

(b) it satisfies the employer contributions test under subsection (3).

(2) For the purposes of subsection (1), an employment satisfies the employee contributions test at any time if -

(a) the employee's emoluments in respect of employment at that time in that employment are subject to the deduction of amounts for the purpose of the employee making contributions for the benefit of the employee to a qualifying occupational pension scheme, qualifying PRSA, qualifying trust RAC or qualifying PEPP, and