{
  "url": "https://openlegislation.uk/income-tax-limits-for-enterprise-management-incentives-order-2008/article-2",
  "json_url": "https://openlegislation.uk/income-tax-limits-for-enterprise-management-incentives-order-2008/article-2.json",
  "legislation": "uksi/2008/706",
  "legislation_title": "The Income Tax (Limits for Enterprise Management Incentives) Order 2008",
  "legislation_url": "https://openlegislation.uk/income-tax-limits-for-enterprise-management-incentives-order-2008",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Increase in limits for enterprise management incentives",
  "text": "(1) The EMI code in the Income Tax (Earnings and Pensions) Act 2003 is amended as follows.\n(2) For the sums specified in—\n(a) paragraph 5(1)(a) of Schedule 5;\n(b) paragraph 6(1) and (3) of that Schedule, and\n(c) section 536(1)(e),\nthe sum of £120,000 is substituted.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "“The EMI code” is defined in section 527(3) of the Income Tax (Earnings and Pensions) Act 2003."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/706/article/2",
    "retrieved_at": "2026-10-29T03:33:42.406740+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."
}