SCHEDULES

SCHEDULE 3F4... SAYE option schemes

Annotations:
Amendments (Textual)
F4

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 5Requirement for linked savings F6arrangement

Annotations:
Amendments (Textual)
F6

Word in Sch. 3 Pt. 5 heading substituted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 618(5)(a) (with Sch. 2)

Payments for shares to be linked to approved savings F5arrangements

Annotations:
Amendments (Textual)
F5

Word in Sch. 3 para. 24 heading substituted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 618(6)(a) (with Sch. 2)

24

1

The scheme must provide for shares acquired by the exercise of share options granted under the scheme to be paid for with money not exceeding the amount of repayments made and any interest paid under a F7certified SAYE savings arrangement which has been approved by F2an officer of Revenue and Customs for the purposes of this Schedule F3(“the approved savings arrangement”).

F12

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