LegalizeThe Finance Act 1991 (Savings-related Share Option Schemes) (Appointed Day) Order 1991
Made: 25th July 1991
The Treasury, in exercise of the powers conferred on them by section 40(2) of the Finance Act 1991[^f00001], hereby make the following Order:
1
This Order may be cited as the Finance Act 1991 (Savings-related Share Option Schemes) (Appointed Day) Order 1991.
2
The day appointed for the coming into force of section 40 of the Finance Act 1991 is 1st September 1991.
Signed
Sydney Chapman — Thomas Sackville — Two of the Lords Commissioners of Her Majesty’s Treasury — 25th July 1991
Explanatory note
(This note is not part of the Order)
This Order appoints 1st September 1991 as the day on which section 40 of the Finance Act 1991 is to come into force.
That section increases from £150 to £250 the maximum monthly amount which under paragraph 24(2) of Schedule 9 to the Income and Corporation Taxes Act 1988 (c. 1) a person may contribute to a savings-related share option scheme approved by the Board of Inland Revenue under that Schedule. The maximum amount was previously increased from £100 to £150 by section 62(2) of the Finance Act 1989 (c. 26) with effect from 1st September 1989 (S.I. 1989/1520).
Footnotes
[^f00001]: 1991 c. 31.
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.