128(1)For the purposes of this Schedule “readily convertible asset” has the same meaning as in section 203F of the Taxes Act 1988 (PAYE: tradeable assets).
This is subject to sub-paragraph (2).
(2)In determining for the purposes of this Schedule whether shares are readily convertible assets any market for the shares that—
(a)is created by virtue of the trustees acquiring shares for the purposes of the plan, and
(b)exists solely for the purposes of the plan,
shall be disregarded.