SCHEDULES
SCHEDULE 1Consequential amendments
Part 2Other enactments
Income Tax (Earnings and Pensions) Act 2003 (c. 1)
618
1
Amend Schedule 3 (approved SAYE option schemes) as follows.
2
In paragraph 1(3) for “savings scheme” substitute “
savings arrangement
”
.
3
In paragraph 2(1)(b) for “savings schemes” substitute “
savings arrangements
”
.
4
In paragraph 14(3), for “Chapter 1A of Part 15 of ICTA (see section 660G(1) and (2))” substitute “
Chapter 5 of Part 5 of ITTOIA 2005 (see section 620 of that Act)
”
.
5
In paragraph 23—
a
in the heading (including the Part heading), for “scheme” substitute “
arrangement
”
, and
b
for “savings schemes”, in both places where it occurs, substitute “
savings arrangements
”
.
6
In paragraph 24(1)—
a
in the heading, for “schemes” substitute “
arrangements
”
,
b
for “CCS scheme” substitute “
certified SAYE savings arrangement
”
, and
c
for “(“the CCS scheme”)” substitute “
(“the approved savings arrangement”)
”
.
7
Omit paragraph 24(2).
8
In paragraph 25—
a
in the heading, for “schemes” substitute “
arrangements
”
,
b
in sub-paragraph (1), for “CCS scheme” substitute “
the approved savings arrangement
”
, and
c
in sub-paragraph (3)(a), for “CCS schemes linked to approved SAYE option schemes” substitute “
certified SAYE savings arrangements linked to approved SAYE option schemes
”
.
9
In paragraph 26—
a
in the heading, for “scheme” substitute “
arrangement
”
,
b
in sub-paragraph (1), for “CCS scheme” substitute “
certified SAYE savings arrangement
”
, and
c
in sub-paragraph (2), for “scheme” substitute “
arrangement
”
.
10
In paragraph 30(3), for “the CCS scheme” substitute “
the approved savings arrangement
”
.
11
In paragraph 48(1)—
a
for “certified contractual savings scheme” substitute “
certified SAYE savings arrangement
”
, and
b
for “section 326(2) to (6) of ICTA” substitute “
section 703(1) of ITTOIA 2005
”
.
12
In paragraph 49, for “certified contractual savings scheme (CCS scheme)” substitute “
certified SAYE savings arrangement
”
.