Paragraph 283

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Amend Schedule 5 (employee share ownership trusts) as follows.

(2)

In paragraph 15 for “section 840 of the Taxes Act 1988” substitute “ section 995 of the Income Tax Act 2007 ”.

(3)

In paragraph 16(2)—

(a)

in paragraph (b) for “section 840 of that Act” substitute “ section 995 of the Income Tax Act 2007 ”, and

(b)

in paragraph (c) for “that Act” substitute “ the Taxes Act 1988 ”.