Commentary on Sections Overview Part 8: Supplementary provisions Paragraph 55: Meaning of “market value” of shares
3569.This paragraph sets out that the “market value” of shares should have the same meaning as in TCGA 1992, subject to the special rule on the valuation of shares subject to restriction or risk of forfeiture in paragraph 5(7) of this Schedule.
3570.Paragraph 55 derives from paragraph 66(1) of Schedule 14 to FA 2000.