# Finance Act 2014, Paragraph 116


(1) Paragraph 39 (requirements about share options granted in exchange) is amended as follows.
(2) In sub-paragraph (4)—
(a) in paragraph (c) for “equal” substitute “ be substantially the same as ”, and
(b) in paragraph (d) for “equal to” substitute “ substantially the same as ”.
(3) After sub-paragraph (7) insert—
“(8) For the purposes of this paragraph the market value of any shares is to be determined using a methodology agreed by Her Majesty's Revenue and Customs.”

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Source: https://www.legislation.gov.uk/ukpga/2014/26/schedule/8/paragraph/116 (the official version)
Page: https://openlegislation.uk/finance-act-2014/schedule-8/paragraph-116
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.