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Section 50: Employment-related securities: repeal of obsolete provisions

Finance Act 2008 · 2008 c. 9View on legislation.gov.uk

Part 2: Income tax, corporation tax and capital gains tax_general

In ICTA, omit sections 138 and 139 (share acquisitions by directors and employees: shares acquired before 26 October 1987).

In ITEPA 2003—

in section 418 (other related provisions), omit subsection (4), and
in Schedule 7 (transitionals and savings), omit paragraph 57.

The amendments made by this section have effect for the tax year 2008-09 and subsequent tax years.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.