# Finance Act 2014, Paragraph 83


(1) Section 998 (withdrawal of deductions) is amended as follows.
(2) In the heading for “approval for share incentive plan withdrawn” substitute “ share incentive plan ceases to be a Schedule 2 share incentive plan ”.
(3) In subsection (1)—
(a) in paragraph (a)—
(i) after “section” insert “ 987, ”, and
(ii) for “an approved” substitute “ a Schedule 2 ”, and
(b) for paragraph (b) substitute—
“(b) by virtue of paragraph 81H or 81I of Schedule 2 to ITEPA 2003 the plan is not to be a Schedule 2 share incentive plan.”

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Source: https://www.legislation.gov.uk/ukpga/2014/26/schedule/8/paragraph/83 (the official version)
Page: https://openlegislation.uk/finance-act-2014/schedule-8/paragraph-83
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.