Finance Act 2014 (c. 26)

SCHEDULES

SCHEDULE 8 U.K. Employee share schemes

PART 1 U.K. Share incentive plans

Other amendments: TCGA 1992 U.K.

33 U.K. TCGA 1992 is amended as follows.

34 U.K. In section 236A (relief for transfers to share incentive plans) for “an approved” substitute “ a Schedule 2 ”.

35 (1) Section 238A (share schemes and share incentives) is amended as follows. U.K.

(2) In the heading omit “Approved”.

(3) In subsection (1) omit “approved”.

(4) In subsection (2)(a) for “approved” substitute “ Schedule 2 ”.

36 U.K. Schedule 7C (relief for transfers to share plans) is amended as follows.

37 U.K. In the title for “approved” substitute “ Schedule 2 ”.

38 U.K. In paragraph 2 (conditions relating to disposal) in sub-paragraph (1) for “approved” substitute “ a Schedule 2 SIP ”.

39 U.K. Schedule 7D (share schemes and share incentives) is amended as follows.

40 U.K. In the title omit “Approved”.

41 U.K. In the title of Part 1 for “Approved” substitute “ Schedule 2 ”.

42 (1) Paragraph 1 (introduction to Part 1) is amended as follows. U.K.

(2) In sub-paragraph (1) for “an approved” substitute “ a Schedule 2 ”.

(3) In sub-paragraphs (2) and (3) omit “approved”.

43 U.K. In paragraph 2 (gains accruing to trustees) in sub-paragraph (1)(a) omit “approved”.