SCHEDULES

SCHEDULE 23 U.K. Corporation tax relief for employee share acquisition

[F1 Part 4 U.K. Provisions applying in case of restricted shares

Textual Amendments

F1 Sch. 23 Pt. 4 substituted (with effect in accordance with Sch. 22 para. 68(2) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 68(1); S.I. 2003/1997, art. 2

Meaning of “restricted shares” U.K.

19 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).]