Part 12Other relief for employee share acquisitions
Chapter 6Relationship between relief under this Part and other reliefs
1037Priority of Chapter 1 of Part 11
(1)
Deductions available under Chapter 1 of Part 11 (relief for particular employee share acquisition schemes: share incentive plans) are to be given priority over relief under this Part.
(2)
No relief is available under this Part in relation to shares in respect of which a deduction is allowable, or has been made, under that Chapter.