# Taxation of Chargeable Gains Act 1992, Paragraph 1

Extent: E+W+S+N.I.

(1) A person (“the claimant”) who makes a disposal of shares (“the disposal”) to the trustees of the plan trust of a share incentive plan (“the plan”) is entitled to claim relief under paragraph 5 if—
(a) the conditions in paragraph 2 are fulfilled, and
(b) paragraph 3(1) or (2) applies.
(2) Sub-paragraph (1) does not apply to a company that makes a disposal of shares.
(3) In this paragraph the references to a disposal of shares include a disposal of an interest in shares.

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Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/7C/paragraph/1 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-7C/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.