SCHEDULES
SCHEDULE 8Employee share schemes
PART 2SAYE option schemes
Amendments to Chapter 7 of Part 7 of ITEPA 2003
113
In paragraph 34 (exercise of options: scheme-related employment ends) in sub-paragraph (5)—
a
omit paragraph (a) and the “or” after it, and
b
in paragraph (b) after “organiser” insert “
where the transfer is not a relevant transfer within the meaning of the Transfer of Undertakings (Protection of Employment) Regulations 2006
”
.