Finance Act 2011

24U.K.In section 452(2) (shares in research institution spin-out companies: market value on acquisition)—

(a)omit the “and” after paragraph (c), and

(b)after paragraph (d) insert , and

(e)determining any amount that counts as employment income of the employee in respect of the employment under Chapter 2 of Part 7A (employment income provided through third parties).