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Legislation
Income Tax (Earnings and Pensions) Act 2003

Chapter 3D Securities disposed of for more than market value

  • Section 446X Application of this Chapter
  • Section 446Y Amount treated as income
  • Section 446Z Definitions
  1. Chapter 3D
  2. Definitions

Section 446Z | Definitions F1

From legislation.gov.uk

(1)In this Chapter “market value” has the meaning indicated in section 421(1).

(2)For the purposes of this Chapter sections 421(2) and 421A apply for determining the amount of the consideration given for anything.

(3)In this Chapter—

(4)In this Chapter “associated person” has the meaning indicated in section 421C.

Notes

  1. F1

    Pt. 7 Ch. 3D inserted (with effect in accordance with Sch. 22 para. 8(2) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 8(1)

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