{
  "url": "https://openlegislation.uk/finance-act-2022/schedule-2/paragraph-49",
  "json_url": "https://openlegislation.uk/finance-act-2022/schedule-2/paragraph-49.json",
  "legislation": "ukpga/2022/3",
  "legislation_title": "Finance Act 2022",
  "legislation_url": "https://openlegislation.uk/finance-act-2022",
  "path": "schedule/2/paragraph/49",
  "kind": "paragraph",
  "number": "49",
  "heading": "Transactions in securities rules",
  "text": "Section 684 of ITA 2007 (person liable to counteraction of income tax advantage) does not apply to a person if—\n(a) that section would (ignoring this paragraph) only apply to the person as a result of the person being a party to a transaction in securities, or two or more transactions in securities, where the securities in question are securities of a QAHC, and\n(b) the securities are not qualifying employment-related securities (within the meaning given by paragraph 47(3)) in relation to the person.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2022/3/schedule/2/paragraph/49",
    "retrieved_at": "2026-10-29T08:57:50.927298+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}