The Jogger said:
It says it's the government that sets the rules, not the company.
The government sets guidelines but your employers sets the scheme's rules.
The government, for example, does not set a maximum or minimum loan period but I'm going to guess, from your wording, that your employer sets it at 12 months.
Because there is no legal requirement for a set period, there can be no basis for the government stipulating the maximum number of bikes in a year. However, the implementation guidance does say that you can not have more than two bikes on a C2W scheme concurrently
, to allow you to have a bike at either end of a train journey, for instance. There is still the maximum total loan value of £1,000, to keep within the consumer credit regulations, so you couldn't have two bikes worth £800 each unless your employer had a consumer credit licence.
Putting the above together, if your employer allowed you to set the loan period at 3 months, then you could potentially have 8 bikes in a year. Most schemes do seem to have a 12 month period set in the scheme