This section has no associated Explanatory Notes
348(1)Amend Schedule 7C (reliefs for transfers to approved share plans) as follows.U.K.
(2)In paragraph 2(6) (conditions relating to the disposal), in the definition of “ordinary share capital” for “section 832(1) of the Taxes Act” substitute “ section 989 of ITA 2007 ”.
(3)In paragraph 7(1) and (3) (shares: special provision) after “Taxes Act” insert “ or Part 5 of ITA 2007 ”.