| Amendments proposed to the Finance Bill - continued | House of Commons |
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Mr Michael Howard [R] 13 Schedule 21, page 246, line 4, leave out from 'participants' to end of line 6 and insert 'identifying by name and national insurance number those participants who have participated in the approved SIP and the awards made to them.'.
Mr Michael Howard [R] 103 Schedule 21, page 246, line 4, after 'participated', insert 'in the same tax year'.
Mr Michael Howard [R] 104 Schedule 21, page 246, line 6, at end insert 'but only to the extent that the necessary information is available to them or has been provided to them by the participants or the company'.
Mr Michael Howard [R] 14 Schedule 21, page 246, leave out lines 29 to 35.
Mr Michael Howard [R] 15 Schedule 21, page 246, line 33, leave out from first 'the' to end of line 35 and insert 'fifth anniversary of the award of the shares on which the relevant dividend was paid'.
Mr Michael Howard [R] 16 Schedule 21, page 247, line 17, leave out 'the day on which this Act is passed' and insert '1st January 2004'.
Mr Michael Howard [R] 17 Schedule 21, page 247, line 22, at end insert—'( ) Omit paragraph 5 (unnecessary and non-incidental features)'.
Mr Michael Howard [R] 18 Schedule 21, page 249, line 27, leave out '9th April 2003' and insert '1st January 2004'.
Mr Michael Howard [R] 20 Schedule 21, page 249, line 28, at end insert—'( )Omit paragraph 5 (unnecessary and non-incidental features).'.
Mr Michael Howard [R] 19 Schedule 21, page 249, line 38, leave out 'the date on which this Act is passed' and insert '1st January 2004'.
Mr Michael Howard [R] 21 Schedule 21, page 250, line 32, leave out 'of the right' and insert 'of a right to acquire shares granted after 9th April 2003 where that right is exercised'.
Mr Michael Howard [R] 22 Schedule 21, page 250, line 32, leave out 'of the right' and insert 'of a right to acquire shares granted on or after 1st January 2004 where that right is exercised'.
Mr Michael Howard [R] 23 Schedule 21, page 250, line 39, at end insert—
'Part 4Updating of scheme rules to reflect this Schedule26 Where before 1st April 2004 the scheme organiser of an approved SIP, or of an approved SAYE scheme, or of an approved CSOP scheme, applies to the Inland Revenue to amend the rules of that scheme to reflect the provisions of this Schedule then, at the election of the scheme organiser, any such amendment may be deemed to have been included in the original rules of the scheme in question and the terms of any award or grant made under it.'.
Mr Michael Howard [R] 107 Schedule 22, page 252, leave out lines 42 to 44.
Mr Michael Howard [R] 108 Schedule 22, page 253, line 35, leave out 'or pretended purpose'.
Mr Michael Howard [R] 105 Schedule 22, page 253, line 47, at end insert—
Mr Michael Howard [R] 24 Schedule 22, page 254, leave out lines 5 to 8.
Mr Michael Howard [R] 106 Schedule 22, page 254, line 13, after 'them', insert 'or an interest in a partnership which holds securities,'.
Mr Michael Howard [R] 110 Schedule 22, page 255, line 8, leave out ', or by a person connected with a person's employer,'.
Mr Michael Howard [R] 109 Schedule 22, page 256, line 13, leave out from first 'connected' to end of line 14.
Mr Michael Howard [R] 111 Schedule 22, page 257, leave out lines 6 to 15.
Mr Michael Howard [R] 112 Schedule 22, page 257, line 17, after '3', insert ', 3A, 3B'.
Mr Michael Howard [R] 113 Schedule 22, page 257, line 22, leave out '3A to' and insert '3C and'.
Mr Michael Howard [R] 25 Schedule 22, page 257, line 40, at end insert 'Participation by an employee or prospective employee in an offer to the public where that offer or ancillary arrangements contain provisions relating to employment or the ability to dispose of securities acquired through the offer shall not of themselves mean that any securities so acquired are not acquired under the terms of an offer to the public.'.
Mr Michael Howard [R] 26 Schedule 22, page 258, line 22, leave out 'as holders of the shares'.
Mr Michael Howard [R] 27 Schedule 22, page 259, line 45, leave out 'given' and insert 'received'.
Mr Michael Howard [R] 28 Schedule 22, page 260, line 24, at end insert 'An event which qualifies under more than one of the paragraphs of subsection (3) below shall be a reportable event only in respect of the earliest paragraph by virtue of which it is a reportable event.'.
Mr Michael Howard [R] 29 Schedule 22, page 261, line 19, at end insert—'( ) Where a responsible person, or a person connected with a responsible person, agrees with the Inland Revenue to provide the information required by section 421J in respect of any employee or designated class of employees, then they shall be the sole responsible person for the purposes of this section in respect of that employee or designated class of employees.'.
Mr Michael Howard [R] 30 Schedule 22, page 261, line 21, after 'question,', insert 'where the award or issue of the securities to an employee is made or arranged by or notified to that employer,'.
Mr Michael Howard [R] 31 Schedule 22, page 261, line 22, after 'question,', insert 'where the cost of any award or issue of securities is borne by that host employer,'.
Mr Michael Howard [R] 32 Schedule 22, page 263, line 41, at end insert—'( ) Employment-related securities are not restricted securities or a restricted interest in securities by reason only that—
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