§ Motion made, and Question,
- 14. That charges to income tax may be made where on or after 3rd May. 1966, there is an exercise, assignment or release of a right to acquire shares in a body corporate granted to a director or employee of that body corporate, or of any right granted by a body corporate in any other circumstances which are referable directly or indirectly to the holding of an office or employment in a body corporate; and that provision so made may impose any incidental charges to corporation tax.—[Mr. Callaghan.]
§ put and agreed to.