Commentary on Sections Example 3 Ne = £5,000; Da = 183; De = 183; Smg = 0 Section 430: Amount or value of consideration given for right to acquire shares
1859.This section derives from section 140B(7) of ICTA which is concerned with calculating the allowable cost where an original option has been exchanged for a replacement option. Section 140B(7) simply refers to the workings of section 136 of ICTA which are not easy to follow. This section spells out what the allowable cost is and the wording follows section 485 which derives from section 136. See Change 125 in Annex 1.