Finance Act 2013

This section has no associated Explanatory Notes

67(1)The amendments made by paragraphs 59 to 62 above have effect in relation to options granted on or after the day on which this Act is passed.U.K.

(2)The amendment made by paragraph 63 above has effect for cases where the old options are granted on or after that day.

(3)A SAYE option scheme approved before that day has effect with any modifications needed to reflect the amendments made by paragraphs 59 to 66 above.

(4)In particular, in relation to options granted on or after that day, such a SAYE option scheme has effect with the omission of any provision falling within a provision of Schedule 3 to ITEPA 2003 omitted by paragraph 61 above.