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

Exercise of options: employment in associated company at bonus date

36

The scheme may provide that if at the bonus date a participant holds an office or employment in a company which is—

a

an associated company of the scheme organiser, but

b

not a constituent company,

the options may be exercised within 6 months after that date.