OpenLegislation

Article 28 Options–Payment of levy

Original text. Later amendments are not shown.

The levy chargeable on a disposal to which article 27 applies shall be payable—

(a)

as regards the amount which would have been payable but for paragraph (2) of article 27, within the period beginning with the date of grant of the option and ending on the quarter date next following that date;

(b)

as regards the remainder, within the period beginning with the date of grant of the option and ending with the annual reporting date relating to the last disposal period of the chargeable company.