# Income Tax (Earnings and Pensions) Act 2003, Section 446Z: Definitions


(1) In this Chapter “market value” has the meaning indicated in section 421(1).
(2) For the purposes of this Chapter sections 421(2) and 421A apply for determining the amount of the consideration given for anything.
(3) In this Chapter—
“the employee”, and
“employment-related securities”,
have the meaning indicated in section 421B(8).
(4) In this Chapter “associated person” has the meaning indicated in section 421C.

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Source: https://www.legislation.gov.uk/ukpga/2003/1/section/446Z (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-446Z
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.