Finance Act 2008
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
50 Employment-related securities: repeal of obsolete provisions
(1) In ICTA, omit sections 138 and 139 (share acquisitions by directors and employees: shares acquired before 26 October 1987). (2) In ITEPA 2003— (a) in section 418 (other related provisions), omit subsection (4), and (b) in Schedule 7 (transitionals and savings), omit paragraph 57. (3) The amendments made by this section have effect for the tax year 2008-09 and subsequent tax years.
50 Employment-related securities: repeal of obsolete provisions
(1) In ICTA, omit sections 138 and 139 (share acquisitions by directors and employees: shares acquired before 26 October 1987). (2) In ITEPA 2003— (a) in section 418 (other related provisions), omit subsection (4), and (b) in Schedule 7 (transitionals and savings), omit paragraph 57. (3) The amendments made by this section have effect for the tax year 2008-09 and subsequent tax years.
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