[F1446ZDefinitionsU.K.
This section has no associated Explanatory Notes
(1)In this Chapter “market value” has the meaning indicated in section 421(1).
(2)For the purposes of this Chapter sections 421(2) and 421A apply for determining the amount of the consideration given for anything.
(3)In this Chapter—
“the employee”, and
“employment-related securities”,
have the meaning indicated in section 421B(8).
(4)In this Chapter “associated person” has the meaning indicated in section 421C.]
Textual Amendments
F1Pt. 7 Ch. 3D inserted (with effect in accordance with Sch. 22 para. 8(2) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 8(1)