SCHEDULES

SCHEDULE 22Employee securities and options

Consequential amendments

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1

Section 216 (provisions not applicable to lower-paid employments) is amended as follows.

2

In subsection (4), omit the entries relating to Chapters 8 and 9 of Part 3.

3

In subsection (6), omit the entries relating to section 195(3) and section 199(4).

4

Sub-paragraphs (1) to (3) have effect—

a

so far as relating to Chapter 8 of Part 3, in accordance with the provision made for the repeal of that Chapter, and

b

so far as relating to Chapter 9 of Part 3, in accordance with the provision made for the repeal of that Chapter.