SCHEDULES
SCHEDULE 2F3... share incentive plans
Annotations:
Amendments (Textual)
Part 11Supplementary provisions
Determination of market value
92
1
For the purposes of the SIP code the “market value” of shares has the same meaning as it has for the purposes of TCGA 1992 by virtue of Part 8 of that Act.
C2C1F22
For the purposes of this Schedule the market value of shares subject to a restriction is to be determined as if they were not subject to the restriction.
3
Where the market value of shares on any date has to be determined for the purposes of the SIP code, F1an officer of Revenue and Customs and the trustees may agree that it is to be determined by reference—
a
to a date or dates, or
b
to an average of the values on a number of dates,
stated in the agreement.
Word in Sch. 2 title omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 14, 89 (with Sch. 8 paras. 90-96)