# Finance Act 2014, Paragraph 27


In section 149AA (restricted and convertible employment-related securities and employee shareholder shares), in subsection (7)—
(a) after “include” insert
“— ”, and
(a)
(b) at the end insert
“, or
(b) in a case in which the amount that constituted, or was treated as, earnings was not an amount of general earnings to which any of the charging provisions of Chapters 4 and 5 of Part 2 of ITEPA 2003 applied, any amount that would have been an amount of such exempt income if any of those charging provisions had applied.”

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Source: https://www.legislation.gov.uk/ukpga/2014/26/schedule/9/paragraph/27 (the official version)
Page: https://openlegislation.uk/finance-act-2014/schedule-9/paragraph-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.