SCHEDULES

SCHEDULE 22U.K.Employee securities and options

Consequential amendmentsU.K.

16(1)In section 3(1) (structure of employment income Parts), in the entry relating to Part 7, for “share-related income and exemptions” substitute “ income and exemptions relating to securities and securities options acquired in connection with an employment ”.U.K.

(2)Sub-paragraph (1) has effect on and after 16th April 2003.