SCHEDULES

SCHEDULE 3F1... SAYE option schemes

Annotations:
Amendments (Textual)
F1

Word in Sch. 3 title omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 103, 146 (with Sch. 8 paras. 147-157)

Part 6Requirements etc. relating to share options

Share options must not be transferable

29

1

The scheme must ensure that share options granted to a participant are not capable of being transferred by the participant.

2

Paragraph 32 provides for the exercise of the options where the participant has died.