Commentary on Sections Example 3 Ne = £5,000; Da = 183; De = 183; Smg = 0 Section 483: Extended meaning of “assign” and “release”
1992.This section brings together the two rules regarding the extended meaning of “assign” and “release” to include other situations where options are turned to account. It derives from section 135(8) and section 136(5)(a) of ICTA.