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SCHEDULES

SCHEDULE 8Employee share schemes

PART 1Share incentive plans

Other amendments: ITEPA 2003 and Part 4 of FA 2004

47(1)Section 431A (provision relating to restricted securities) is amended as follows.

(2)In the heading for “approved” substitute “tax advantaged”.

(3)In subsection (2)(a) for “an approved” substitute “a Schedule 2”.