SCHEDULES
SCHEDULE 7Transitionals and savings
Part 7Employment income: F1income related to securities
Annotations:
Amendments (Textual)
Approved CSOP schemes
74
1
Any reference in the CSOP code to a share option granted in accordance with the provisions of an approved CSOP scheme is to be read as including, in relation to times before 6th April 2003, a reference to a right to acquire shares obtained in accordance with the provisions of a discretionary share option scheme approved under Schedule 9 to ICTA.
2
This paragraph—
a
is without prejudice to Part 1 of this Schedule,
b
applies only in so far as the context permits, and
c
has effect subject to paragraph 75.
3
In this paragraph “discretionary share option scheme” has the same meaning as in paragraph 73.
Words in Sch. 7 Pt. 7 heading substituted (10.7.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(4)