SCHEDULES

SCHEDULE 2Tax advantaged employee share schemes

PART 6Share incentive plans: dividend shares

Removal of limit on amount reinvested

89

(1)

The amendments made by paragraphs 87 and 88 above have effect in relation to the tax year 2013-14 and subsequent tax years.

(2)

A SIP approved before 6 April 2013 has effect accordingly with the omission of any provision falling within a provision of Schedule 2 to ITEPA 2003 omitted by paragraph 88 above.