Part 7F2Employment income: income and exemptions relating to securities
Annotations:
Amendments (Textual)
F1Chapter 1Introduction
Annotations:
Amendments (Textual)
F1
Pt. 7 Ch. 1 substituted (with effect in accordance with Sch. 22 para. 2(2) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 2(1)
Application of Chapters 2 to 4
421GExclusions: approved plan or scheme securities
Chapters 2 to 4 do not apply to—
a
shares awarded or acquired under an approved share incentive plan (within the meaning of Chapter 6 of this Part),
b
shares acquired by the exercise of a share option granted under an approved SAYE option scheme (within the meaning of Chapter 7 of this Part), or
c
shares acquired by the exercise of a share option granted under an approved CSOP scheme (within the meaning of Chapter 8 of this Part).
Pt. 7 heading substituted (with effect in accordance with Sch. 22 para. 2(2) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 2(1)