76(1)This paragraph applies to any right obtained by an individual—U.K.
(a)under a discretionary share option scheme approved under Schedule 9 to ICTA, and
(b)during the period beginning with 17th July 1995 and ending with 28th April 1996,
if, by virtue of section 115 of FA 1996 (transitional provisions which gave retrospective effect to certain amendments relating to discretionary share option schemes), the right was, immediately before 6th April 2003, treated for the purposes of sections 185 to 187 of and Schedule 9 to ICTA as having been obtained otherwise than in accordance with the provisions of a discretionary share option scheme approved under that Schedule.
(2)For the purposes of the CSOP code, the right is to be treated as having been granted otherwise than in accordance with the provisions of an approved CSOP scheme.
(3)In this paragraph “” has the same meaning as in paragraph 73.