Proceeds of Crime Act 2002 (c. 29)

SCHEDULES

SCHEDULE 10 U.K. Tax

Part 2 U.K. Provisions relating to Part 5

U.K. Employee etc. Share Schemes

Shares acquired at an undervalue U.K.

32 Section 162(5) of the Taxes Act 1988 (employee shareholdings) does not make the transferor chargeable to income tax in respect of a Part 5 transfer of shares.

Commencement Information

I1 Sch. 10 para. 32 in force at 24.2.2003 by S.I. 2003/120, art. 2, Sch. (with arts. 3, 4) (as amended (20.2.2003) by S.I. 2003/333, art. 14)