(a) If any part of an individual's wages is received in any medium other than cash, the reasonable cash value of the remuneration other than cash shall be deemed for all purposes of the Act to be either:
  (1) the amount which is agreed upon between the employing unit and the individual if:
    (A) the terms of the agreement are reported to the Agency; and
    (B) the Agency determines that the agreed value or amount is reasonable; or
  (2) the cash value is established to the satisfaction of the Agency.
(b) If the Agency determines that the amount agreed upon is unreasonable, or if the employing unit and the individual fail to agree upon an amount; or if the employing unit fails to report the terms of an agreement to the Agency, and the employing unit fails to show the cash value of the noncash remuneration prior to the due date of contributions with respect to the wages, the Agency shall fix an amount or value after considering all available information and evidence; and the amount fixed by the Agency shall be deemed for all purposes of the Act to be the cash value of the wages received in any medium other than cash.

Source Note: The provisions of this §815.104 adopted to be effective November 6, 2000, 25 TexReg 11093