SCHEDULES

SCHEDULE 16U.K. Share option schemes approved before passing of this Act

Approval of the Board to alterationsU.K.

4U.K.For the purposes of paragraph 4 of Schedule 9 to the Taxes Act 1988 (approval not to have effect from the date of any alteration in the scheme unless the Board have approved the alteration) the alterations made by paragraphs 2 and 3 above in any scheme to which this Schedule applies shall be taken to have been approved by the Board before the day on which this Act is passed.