2001 No. 3799
INCOME TAX
The Enterprise Management Incentives (Gross Asset Requirement) Order 2001
Made
Laid before the House of Commons
Coming into force
The Treasury, in exercise of the powers conferred upon them by section 62 of, and paragraph 69(b) of Schedule 14 to, the Finance Act 20001, hereby make the following Order:
Citation, commencement and effect1
1
This Order may be cited as the Enterprise Management Incentives (Gross Asset Requirement) Order 2001 and shall come into force on 1st January 2002.
2
This Order shall have effect in relation to any right to acquire shares granted on or after 1st January 2002.
Amendment to the Finance Act 2000
2
Amend paragraph 16 of Schedule 14 to the Finance Act 2000 as follows.
3
In sub-paragraphs (1) and (2) for “£15 million” substitute “£30 million”.
Anne McGuireJohn HeppellTwo of the Lords Commissioners of Her Majesty’s Treasury
(This note is not part of the Order)