32U.K.In section 554N of ITEPA 2003 (exclusions: other cases involving employment-related securities etc.), at the end insert—
“(17)See paragraph 31 of Schedule 11 to F(No. 2)A 2017 for provision about exclusions where a loan is made for the purpose of enabling the exercise of an employment-related securities option and the relevant step is within paragraph 1 of that Schedule.”