SCHEDULES

SCHEDULE 37Companies owned by employee-ownership trusts

PART 4Miscellaneous amendments

Finance Act 1986

17

1

In section 102 of FA 1986 (gifts with reservation), in subsection (5) omit the “and” after paragraph (h) and after paragraph (i) insert

; and

j

section 28A (employee-ownership trusts).

2

The amendment made by this paragraph has effect in relation to disposals made on or after 6 April 2014.