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Legislation
Income Tax (Earnings and Pensions) Act 2003

Crossheading Supplementary

  • Section 456 Meaning of “intellectual property” and “transfer”
  • Section 457 Meaning of “research institution”
  • Section 458 Meaning of “involved in research”
  • Section 459 Transfer of intellectual property by controlled company
  • Section 460 Definitions
  1. Supplementary
  2. Definitions

Section 460 | Definitions F1

From legislation.gov.uk

(1)In this Chapter—F1

“interest”, in relation to shares, and

“shares”,

have the meaning indicated in section 420.

(2)In this Chapter “market value” has the meaning indicated in section 421(1).F1

(3)In this Chapter—F1

“the acquisition”,

“the employee”, and

“the employer”,

have the meaning indicated in section 421B(8).

(4)In this Chapter—F1

“restricted interest in securities”, and

“restricted securities”,

have the meaning indicated in sections 423 and 424.

Notes

  1. F1

    Pt. 7 Ch. 4A inserted (with effect in accordance with s. 20(5)-(7) of the amending Act) by Finance Act 2005 (c. 7), s. 20(1)

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