SCHEDULES
SCHEDULE 3F1... SAYE option schemes
Annotations:
Amendments (Textual)
Part 3Eligibility of individuals to participate in scheme
The employment requirement
10
1
The scheme must ensure that an individual is not eligible to participate in the scheme at a particular time unless the individual is then a director or employee of—
a
the scheme organiser, or
b
in the case of a group scheme, a constituent company.
2
The requirement of this paragraph is not infringed by a provision of the scheme required or authorised by a provision of this Schedule.
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)