SCHEDULES
SCHEDULE 8Employee share schemes
PART 3CSOP schemes
Amendments to Chapter 8 of Part 7 of ITEPA 2003
160
1
Section 521 (introduction to CSOP schemes) is amended as follows.
2
In the heading omit “Approved”.
3
In subsection (1)—
a
omit paragraph (a), and
b
in paragraph (b) for “those” substitute “
CSOP schemes which are Schedule 4 CSOP
”
.
4
Omit subsection (2).
5
In subsection (3)(c) for “approved” substitute “
Schedule 4
”
.
6
In subsection (4)—
a
omit the definition of “approved”, and
b
after the definition of “CSOP scheme” insert—
“Schedule 4 CSOP scheme” is to be read in accordance with paragraph 1 and Part 7 of Schedule 4;