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StatuteFinance Act 2003

Section 421G — Finance Act 2003: Exclusions: approved plan or scheme securities

Text of the provision Official document

Exclusions: approved plan or scheme securities 421G Chapters 2 to 4 do not apply to—

a shares awarded or acquired under an approved share incentive plan (within the meaning of Chapter 6 of this Part),

b shares acquired by the exercise of a share option granted under an approved SAYE option scheme (within the meaning of Chapter 7 of this Part), or c shares acquired by the exercise of a share option granted under an approved CSOP scheme (within the meaning of Chapter 8 of this Part).

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.