Point in time view as at 03/08/2005.
Income Tax (Earnings and Pensions) Act 2003, Paragraph 3 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
3U.K.A share option is not a qualifying option unless the requirements of this Part of this Schedule as to the following are met at the appropriate time—
the purpose for which the option is granted (see paragraph 4),
the maximum entitlement of an employee (see paragraphs 5 and 6),
the maximum value of the relevant company’s shares in respect of which unexercised options can exist (see paragraph 7).
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
