Explanatory Notes

Income Tax (Earnings and Pensions) Act 2003

2003 CHAPTER 1

6th March 2003

Commentary on Sections

Omitted material

Schedule 7: Transitionals and Savings

Part 7: Employment income: share-related income
Paragraph 81

3738.This paragraph ensures that the revised wording of section 540 will work satisfactorily in connection with options granted before 6 April 2003.