8(1)In this Part of this Schedule-
(a)" the principal Act" means the Capital Gains Tax Act 1979 ;
(b)" the 1982 Act" means the Finance Act 1982 ; and
(c)" relevant allowable expenditure " has the meaning assigned to it by subsections (2)(b) and (3) of section 86 of the 1982 Act.
(2)This Part of this Schedule shall apply separately in relation to any securities held by a person to whom they were issued as an employee of the company or of any other person on terms which restrict his rights to dispose of them, so long as those terms are in force, and, while applying separately to any such securities, this Part of this Schedule shall have effect as if the owner held them in a capacity other than that in which he holds any other securities of the same class.
(3)Nothing in this Part of this Schedule shall be taken as affecting the manner in which the market value of any securities is to be ascertained.