Commentary on Sections Overview Chapter 1: Introduction Section 1005: Other definitions
2591.This section gives various definitions used for the purposes of the Part. It is based on paragraph 30 of Schedule 23 to FA 2003.
2592.“Convertible securities” has the same meaning as that in section 436 of ITEPA.
2593.“Restricted shares” means shares that are restricted securities or a restricted interest in securities for the purposes of Chapter 2 of Part 7 of ITEPA. These terms are defined in section 423 of ITEPA.