# Taxation of Chargeable Gains Act 1992, Paragraph 1

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

(1) The provisions of this Part of this Schedule apply for capital gains tax purposes in relation to a Schedule 2 share incentive plan (“the plan”).
(2) This Part of this Schedule forms part of the SIP code (see section 488 of ITEPA 2003 ( ... share incentive plans)).
(3) Accordingly, expressions used in this Part of this Schedule and contained in the index at the end of Schedule 2 to that Act ( ... share incentive plans) have the meaning indicated by the index.
(4) In particular, for the purposes of paragraphs 5 and 7 of this Schedule “market value” has the meaning given by paragraph 92 of Schedule 2 to that Act (determination of market value); and Part 8 of this Act has effect subject to this paragraph.

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