Finance Act 2003

Minor definitions

30 In this Schedule—

• “the Contributions and Benefits Act” means—

  (a)

  the Social Security Contributions and Benefits Act 1992 (c. 4), or

  (b)

  the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7);

• “control” has the meaning given by section 840 of the Taxes Act 1988;

• “insurance company” and “life assurance business” have the meanings given by section 431(2) of that Act;

• “investment company” has the meaning given by section 130 of that Act;

• “market value” has the same meaning as in the Taxation of Chargeable Gains Act 1992 (c. 12) (see sections 272 and 273 of that Act);

• “option” includes any right to acquire shares;

• “ordinary shares”, in relation to a company, means shares forming part of the company’s ordinary share capital;

• “shares” includes—

  (a)

  an interest in shares, and

  (b)

  stock or an interest in stock.