LegalizeThe Finance Act 1989 (Savings-Related Share Option Schemes) (Appointed Day) Order 1989
Made: 18th August 1989
The Treasury, in exercise of the powers conferred upon them by section 62(4) of the Finance Act 1989[^f00001] and of all other powers enabling them in that behalf, hereby make the following Order:–
1
This Order may be cited as the Finance Act 1989 (Savings-Related Share Option Schemes) (Appointed Day) Order 1989.
- (2) The day appointed for the coming into force of section 62(2) of the Finance Act 1989 is 1st September 1989.
Signed
David Lightbown — Stephen Dorrell — Two of the Lords Commissioners of Her Majesty’s Treasury — 18th August 1989
Explanatory note
(This Note is not part of the Order)
This Order appoints 1st September 1989 as the day on which section 62(2) of the Finance Act 1989 is to come into force.
That subsection increases the maximum monthly amount which a person may contribute to a savings related share option scheme certified by the Treasury under section 326 of the Income and Corporation Taxes Act 1988 (c. 1) and approved by the Board of Inland Revenue for the purposes of Schedule 9 to that Act.
The increase is from £100 to £150.
Footnotes
[^f00001]: 1989 c. 26.
Reading this document does not replace reading the official text published on legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. We assume no responsibility for any inaccuracies arising from the conversion of the original CLML XML to this format.
This text is published under legislation.gov.uk's own terms of reuse, not a Legalize or public-domain licence.
legislation.gov.uk
Open Government Licence v3.0 (attribution required)
© Crown and database right. Derived from content available under the Open Government Licence v3.0 from legislation.gov.uk.