SCHEDULES

SCHEDULE 23Corporation tax relief for employee share acquisition

F1Part 4Provisions applying in case of restricted shares

Meaning of “restricted shares”

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Shares are “restricted shares” for the purposes of this Schedule if they are restricted securities, or a restricted interest in securities, for the purposes of Chapter 2 of Part 7 of the Income Tax (Earnings and Pensions) Act 2003 (see sections 423 and 424 of that Act).