EIM12201 - PAYE: employment-related securities: commencement
Part 7 ITEPA 2003 as amended by Schedule 22 FA 2003
The new rules at Part 7 that make provision for amounts to count as employment income take effect as follows:
| Chapter | Securities | Date |
|---|---|---|
| Chapter 2 | Restricted securities (see EIM12220) | 1 September 2003 |
| Chapter 3 | Convertible securities (see EIM12230) | 1 September 2003 |
| Chapter 3A | Securities with artificially depressed market value (see EIM12240) | 16 April 2003 |
| Chapter 3B | Securities with artificially enhanced market value (see EIM12250) | 16 April 2003 |
| Chapter 3C | Securities acquired for less than market value (see EIM12260) | 16 April 2003 |
| Chapter 3D | Securities disposed of for more than market value (see EIM12270) | 16 April 2003 |
| Chapter 4 | Post-acquisition benefits from securities (see EIM12280) | 16 April 2003 |
| Chapter 5 | Securities options, share options (see EIM12310) | 1 September 2003 |
| Chapter 5 | Securities options, other securities options (see EIM12320) | 16 April 2003 |
| Chapter 8 | Company share option plan (CSOP) schemes (see EIM12210) | 9 April 2003 |