# Finance Act 2014, Paragraph 162


(1) Section 524 (no charge in respect of exercise of option) is amended as follows.
(2) In subsection (1)(a) for “approved” substitute “ a Schedule 4 CSOP scheme ”.
(3) In subsection (2E)—
(a) in paragraph (a) for “approved” substitute “ a Schedule 4 CSOP scheme ”,
(b) in paragraphs (c), (d) and (f) after sub-paragraph (ii) omit “or” and insert—
“(iia) the non-UK company reorganisation arrangement, or”, and
(c) in paragraph (e) after sub-paragraph (ii) omit “or” and insert—
“(iia) the making of any non-UK company reorganisation arrangement which would fall within subsection (2L), or”.
(4) In subsection (2L)—
(a) after “arrangement” insert “ or a non-UK company reorganisation arrangement ”, and
(b) in paragraph (b) for “an approved” substitute “ a Schedule 4 ”.

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Source: https://www.legislation.gov.uk/ukpga/2014/26/schedule/8/paragraph/162 (the official version)
Page: https://openlegislation.uk/finance-act-2014/schedule-8/paragraph-162
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.