# Income Tax (Earnings and Pensions) Act 2003, Paragraph 212


After section 149B insert—
“Priority share allocations
149C Section 17(1) shall not apply to an acquisition of shares if section 542 or 544 of ITEPA 2003 applies in relation to it.”

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Source: https://www.legislation.gov.uk/ukpga/2003/1/schedule/6/paragraph/212 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/schedule-6/paragraph-212
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.