Section YC 3 — Income Tax Act 2007: Market value interests

YC 3 Market value interests Percentage of market value (1) A person’s market value interest in a company equals the percentage of the total market value of shares and options over shares in the company that the market value of shares and options over shares in the company held by the person represents. Adjustments for options (2) For the purposes of subsection (1), the market value of any share in a company that is subject to an option is calculated having regard to the terms of the option. Defined in this Act: company , market value , market value interest , option , share , Compare: 2004 No 35 s OD 4(1), (2)