# Finance Act 2000, Paragraph 77

Extent: E+W+S+N.I.

(1) The provisions of this Part of this Schedule apply for income tax purposes in relation to an approved employee share ownership plan.
This is subject to sub-paragraph (2).
(2) Nothing in this Part applies to an individual if, at the time of the award in question, he is not chargeable to tax under Schedule E in respect of the employment by reference to which he meets the requirement of paragraph 14 (the employment requirement) in relation to the plan.

---
Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/8/paragraph/77 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-8/paragraph-77
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.