Paragraph 35

(1)

In section 526(4) (charge where approved CSOP scheme option granted at a discount: deductions of charge from amount chargeable under other provisions), for the words from the beginning to “deductions” substitute “ Section 480(4) (gain realised on acquisition of securities pursuant to option etc) provides for a deduction ”.

(2)

Sub-paragraph (1) has effect—

(a)

so far as relating to section 194, in accordance with the provision made for the repeal of Chapter 8 of Part 3, and

(b)

otherwise, on and after the day appointed under paragraph 3(2).