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Paragraph 91

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

This paragraph applies in relation to employment-related securities if—

(a)

the date of the acquisition is on or after 6 April 2008 and on or before 31 July 2008, and

(b)

Chapter 2 of Part 7 of ITEPA 2003 (restricted securities) applies in relation to the securities by virtue only of amendments made by this Schedule.

(2)

Section 431 of ITEPA 2003 (election for full or partial disapplication of Chapter) has effect in relation to the employment-related securities as if in subsection (5)(b) for “more than 14 days after the acquisition” there were substituted “ after 14 August 2008 ”.