Section 450 DefinitionsF1
In this Chapter—
“interest”, in relation to shares, and
“shares”,
have the meaning indicated in section 420(8).
In this Chapter “market value” has the meaning indicated in section 421(1).
In this Chapter—
“the employee” (except in section 449), and
“employment-related securities”,
have the meaning indicated in section 421B(8).
In this Chapter “associated person” has the meaning indicated in section 421C.
In this Chapter—
“associated company”, and
“employee-controlled”,
have the meaning indicated in section 421H.
Annotations
Textual amendments
- F1
Pt. 7 Ch. 4 (ss. 447-450) substituted for Pt. 7 Ch. 4 (ss. 447-470) (16.4.2003 with effect in accordance with Sch. 22 para. 9(2)-(4) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 9(1)
Notes on Part 7
Textual amendments
- F1
Pt. 7 heading substituted (with effect in accordance with Sch. 22 para. 2(2) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 2(1)
Modifications
- C1
Pt. 7: power to modify conferred (7.4.2005) by Finance Act 2005 (c. 7), s. 21(8)-(10)