[F1446XApplication of this ChapterU.K.
This
adran has no associated
Nodiadau Esboniadol
This Chapter applies if—
(a)employment-related securities are disposed of by an associated person so that no associated person is any longer beneficially entitled to them, and
(b)the disposal is for a consideration which exceeds the market value of the employment-related securities at the time of the disposal.]
Textual Amendments
F1Pt. 7 Ch. 3D inserted (with effect in accordance with Sch. 22 para. 8(2) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 8(1)