SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Income Tax (Earnings and Pensions) Act 2003 (c. 1)
447
(1)
Amend Schedule 2 (approved share incentive plans) as follows.
(2)
In paragraph 49(3)—
(a)
in paragraph (a) for “section 840A(1)(b) of ICTA” substitute “
section 991(2)(b) of ITA 2007
”
, and
(b)
in paragraph (c) for “section 840A(1)(c) of ICTA” substitute “
section 991(2)(c) of ITA 2007
”
.
(3)
In paragraph 100—
(a)
in the entry for “building society”, in the second column, for “section 832(1) of ICTA” substitute “
section 989 of ITA 2007
”
,
(b)
in the entry for “child”, in the second column, for “section 832(5) of ICTA (and see section 721(6))” substitute “
section 721(6)
”
,
(c)
in the entry for “close company”, in the second column, for “section 832(1) of ICTA” substitute “
section 989 of ITA 2007
”
,
(d)
in the entry for “distribution”, in the second column, for “section 832(1) of ICTA” substitute “
section 989 of ITA 2007
”
,
(e)
in the entry for “notice”, in the second column, for “section 832(1) of ICTA” substitute “
section 989 of ITA 2007
”
,
(f)
in the entry for “ordinary share capital”, in the second column, for “section 832(1) of ICTA” substitute “
section 989 of ITA 2007
”
,
(g)
in the entry for “personal representatives”, in the second column, for “section 721(1)” substitute “
section 989 of ITA 2007
”
,
(h)
in the entry for “recognised stock exchange”, in the second column, for “section 841 of ICTA” substitute “
section 1005 of ITA 2007
”
,
(i)
in the entry for “tax”, in the second column, at the end insert “
(as applied by section 989 of ITA 2007)
”
, and
(j)
in the entry for “tax year”, in the second column, for “section 721(1)” substitute “
section 4(2) of ITA 2007 (as applied by section 989 of that Act)
”
.