# Finance Act 2014, Paragraph 177


(1) Paragraph 26 (exchanges of options on company reorganisation) is amended as follows.
(2) In sub-paragraph (2) after paragraph (b) insert—
“(ba) obtains control of the scheme company as a result of a non-UK company reorganisation arrangement which has become binding on the shareholders covered by it; or”.
(3) In sub-paragraph (3) after paragraph (b) omit “and” and insert—
“(ba) where control is obtained in the way set out in sub-paragraph (2)(ba), within the period of 6 months beginning with the date on which the non-UK company reorganisation arrangement becomes binding on the shareholders covered by it, and”.

---
Source: https://www.legislation.gov.uk/ukpga/2014/26/schedule/8/paragraph/177 (the official version)
Page: https://openlegislation.uk/finance-act-2014/schedule-8/paragraph-177
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.