{
  "url": "https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-460n1",
  "json_url": "https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-460n1.json",
  "legislation": "ukpga/2003/1",
  "legislation_title": "Income Tax (Earnings and Pensions) Act 2003",
  "legislation_url": "https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003",
  "path": "section/460n1",
  "kind": "section",
  "number": "460",
  "heading": "Definitions",
  "text": "(1) In this Chapter—\n“interest”, in relation to shares, and\n“shares”,\nhave the meaning indicated in section 420.\n(2) In this Chapter “market value” has the meaning indicated in section 421(1).\n(3) In this Chapter—\n“the acquisition”,\n“the employee”, and\n“the employer”,\nhave the meaning indicated in section 421B(8).\n(4) In this Chapter—\n“restricted interest in securities”, and\n“restricted securities”,\nhave the meaning indicated in sections 423 and 424.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 7 Ch. 4A inserted (with effect in accordance with s. 20(5)-(7) of the amending Act) by Finance Act 2005 (c. 7), s. 20(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2003/1/section/460n1",
    "retrieved_at": "2026-10-29T09:18:42.395488+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."
}