Part 12

Other relief for employee share acquisitions
Chapter 1

Introduction

Interpretation

“Employment”
1002
1
This section explains how references in this Part to employment (and related expressions) are to be read.
2
“Employment” includes a former or prospective employment.
3
References to employment by a company include references to holding an office with that company.
4
Members of a company whose affairs are managed by its members are treated as holding an office with the company.
5
See also sections 1007A(2), 1015B(2), 1025B(2) and 1030B(2) (deemed employment for the purposes of Chapters 2, 3, 4 and 5 of certain employees of overseas companies who work for companies in the
UK
).
Pt. 12 applied by 2010 c. 8, s. 425(5) (as inserted (with effect in accordance with Sch. 5 para. 25(1)-(3) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 1 (with Sch. 5 paras. 27, 32-34))
S. 1002(5) inserted (6.4.2015) by Finance Act 2014 (c. 26), Sch. 9 paras. 40, 47