SCHEDULES

SCHEDULE 6Consequential Amendments

Part 2Other enactments

Taxation of Chargeable Gains Act 1992 (c. 12)

220

1

Amend Schedule 7C (relief for transfers to approved share plans) as follows.

2

In paragraph 1(1) (introductory) for “an employee share ownership” substitute “ a share incentive ”.

3

In paragraph 2 (conditions relating to the disposal)—

a

in sub-paragraph (1) for “Schedule 8 to the Finance Act 2000” substitute “ Schedule 2 to ITEPA 2003 ”,

b

in sub-paragraph (2)—

i

for “Part VIII” substitute “ Part 4 ”,

ii

for “used in plan” substitute “ awarded ”, and

iii

for “61(a) and (c)” substitute “ 27(1)(a) and (c) and (2) ”,

c

in sub-paragraph (4) for “of Schedule 8 to the Finance Act 2000” substitute “ given by paragraph 97 of Schedule 2 to ITEPA 2003 ”.