{
  "url": "https://openlegislation.uk/occupational-pension-schemes-transitional-provisions-regulations-1988/regulation-7",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-transitional-provisions-regulations-1988/regulation-7.json",
  "legislation": "uksi/1988/1436",
  "legislation_title": "The Occupational Pension Schemes (Transitional Provisions) Regulations 1988",
  "legislation_url": "https://openlegislation.uk/occupational-pension-schemes-transitional-provisions-regulations-1988",
  "path": "regulation/7",
  "kind": "regulation",
  "number": "7",
  "heading": "Disapplication of paragraph 5(2) of the Schedule",
  "text": "(1) The provision contained in paragraph 5(2) of the Schedule shall not apply in circumstances where —\n(a) a charge to income tax under Schedule E on an employee arises from the acquisition or disposal of shares or an interest in shares or from a right to acquire shares, and\n(b) the shares or interest in shares were acquired, or the right to acquire the shares was granted, before 17th March 1987.\n(2) For the purposes of this regulation “share” includes stock and this regulation applies in relation to any security (as defined in section 254(1)) issued by a body corporate as it applies to a share in that body corporate.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/1436/regulation/7",
    "retrieved_at": "2026-10-29T16:00:40.543384+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."
}