Finance Act 2014

PART 4 Commencement etc

47 Part 1 and paragraphs 40 to 43, 45 and 46 of Part 3 of this Schedule come into force on 6 April 2015.

48 The amendments made by Part 1 have effect on and after that date in relation to employment-related securities and employment-related securities options irrespective of the date of the acquisition.

49 The Treasury may by regulations—

(a) make transitional provision or savings in connection with the coming into force of any of the provisions mentioned in paragraph 47;

(b) make consequential, incidental or supplementary provision in connection with any of those provisions.

50 (1) Regulations made under paragraph 49 may—

(a) modify any provision made by or under an Act (including paragraph 48 of this Schedule), as the Treasury think appropriate;

(b) make different provision for different cases or different circumstances.

(2) In sub-paragraph (1)(a) “modify” includes amend, repeal or revoke.