# Finance Act 2014, Paragraph 76


(1) Section 987 (deduction for cost of setting up plan) is amended as follows.
(2) In the heading for “an approved” substitute “ a Schedule 2 ”.
(3) In subsection (1) for “approved by an officer of Revenue and Customs” substitute “ a Schedule 2 share incentive plan ”.
(4) Omit subsection (3).
(5) In subsection (4) for “approval is given” (in both places) substitute “ relevant date falls ”.
(6) After subsection (4) insert—
“(4A) In subsection (4) “the relevant date”, in relation to a share incentive plan, has the meaning given in paragraph 81A(6) of Schedule 2 to ITEPA 2003.”

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Source: https://www.legislation.gov.uk/ukpga/2014/26/schedule/8/paragraph/76 (the official version)
Page: https://openlegislation.uk/finance-act-2014/schedule-8/paragraph-76
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.