SCHEDULES

SCHEDULE 4F1... CSOP schemes

Annotations:
Amendments (Textual)
F1

Word in Sch. 4 title omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 164, 204 (with Sch. 8 paras. 205-215)

Part 5Requirements etc. relating to share options

Exercise of options: ceasing to be director or employee

24

1

The scheme may provide that an individual may exercise share options under it after ceasing to be a full-time director or qualifying employee.

2

“Qualifying employee” has the same meaning as in paragraph 8 (the employment requirement).