SCHEDULES

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

Part 5 U.K.Supplementary provisions

Meaning of “employment” U.K.

26 U.K.For the purposes of this Schedule—

[F1 (za)“employment” includes a former or prospective employment,]

(a) references to employment by a company include holding an office with that company, and related expressions have a corresponding meaning, and

(b) members of a company whose affairs are managed by the members themselves are treated as holding an office with the company.

Textual Amendments

F1 Sch. 23 para. 26(za) inserted (with effect on and after 16.4.2003) by Finance Act 2003 (c. 14), s. 140, Sch. 22 para. 71