618(1)Amend Schedule 3 (approved SAYE option schemes) as follows.U.K.
(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 ”.