Words in s. 89(a) repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), s. 723, Sch. 8 Pt. 1 (with Sch. 7)

S. 89(b) repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), s. 723, Sch. 8 Pt. 1 (with Sch. 7)

http://www.legislation.gov.uk/ukpga/1988/39/section/89/2008-07-21Finance Act 1988An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.1988-07-29texttext/xmlenStatute Law Database2024-05-23Expert Participation2008-07-21Part III Income Tax, Corporation Tax and Capital Gains Tax chapter II Unapproved Employee Share Schemes Supplementary
89 Consequential amendments.

In relation to acquisitions of shares or interests in shares on or after 26th October 1987—

(a)

for the words from “section 138(1)(a)” to “value of the shares” in ... section 186(2)(b) (approved profit sharing schemes) of the Taxes Act 1988, and

(b)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

there shall be substituted the words “ section 78 or 79 of the Finance Act 1988 in respect of the shares ”.

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Words in s. 89(a) repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by
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S. 89(b) repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by
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<p>In relation to acquisitions of shares or interests in shares on or after 26th October 1987—</p>
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