Part 2Income tax, corporation tax and capital gains tax_general
Employment matters
50Employment-related securities: repeal of obsolete provisions
1
In ICTA, omit sections 138 and 139 (share acquisitions by directors and employees: shares acquired before 26 October 1987).
2
In ITEPA 2003—
a
in section 418 (other related provisions), omit subsection (4), and
b
in Schedule 7 (transitionals and savings), omit paragraph 57.
3
The amendments made by this section have effect for the tax year 2008-09 and subsequent tax years.