SCHEDULES
SCHEDULE 6Consequential Amendments
Part 2Other enactments
Inheritance Tax Act 1984 (c. 51)
151
1
Amend the following provisions as provided in sub-paragraph (2)—
a
section 13(4)(c) (dispositions by close companies for benefit of employees),
b
section 72(4A) (property leaving employee trusts and newspaper trusts), and
c
section 86(3)(c) (trusts for benefit of employees).
2
In each of those provisions, for “an employee share ownership plan approved under Schedule 8 to the Finance Act 2000” substitute “
a share incentive plan approved under Schedule 2 to the Income Tax (Earnings and Pensions) Act 2003
”
.