SCHEDULES

SCHEDULE 7U.K.Transitionals and savings

Part 7U.K.Employment income: [F1income related to securities]

Textual Amendments

F1Words in Sch. 7 Pt. 7 heading substituted (10.7.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(4)

Enterprise management incentivesU.K.

79(1)Section 536 (other disqualifying events) has effect in relation to any alteration made to the share capital of a company before 11th May 2001 with the following modification.U.K.

(2)In subsection (1), for paragraphs (b) and (c) substitute—

(b)any alteration to the share capital of the relevant company to which section 537 applies and is made without the prior approval of [F2an officer of Revenue and Customs] ;.