SCHEDULES
SCHEDULE 7Transitionals and savings
Part 7Employment income: share-related income
50Convertible shares
1
This paragraph relates to the operation of section 437 (cases where Chapter 3 of Part 7 does not apply).
2
Section 437(1) applies in relation to any acquisition made before 6th April 2003 with the substitution of “if the person was not chargeable under Case I of Schedule E in respect of the office or employment in question” for the words from “if the earnings” onwards.