SCHEDULES

[F1 SCHEDULE 7C U.K.Relief for transfers to approved share plans

Textual Amendments

F1 Sch. 7C inserted (28.7.2000) by Finance Act 2000 (c. 17), s. 48(2), Sch. 9

Introductory U.K.

1 (1) A person (“the claimant”) who makes a disposal of shares (“the disposal”) to the trustees of the plan trust of an employee share ownership plan (“the plan”) is entitled to claim relief under paragraph 5 if— U.K.

(a) the conditions in paragraph 2 are fulfilled, and

(b) paragraph 3(1) or (2) applies.

(2) Sub-paragraph (1) does not apply to a company that makes a disposal of shares.

(3) In this paragraph the references to a disposal of shares include a disposal of an interest in shares.]