Finance Act 2014 (c. 26)

SCHEDULES

SCHEDULE 8 U.K. Employee share schemes

PART 2 U.K. SAYE option schemes

Amendments to Chapter 7 of Part 7 of ITEPA 2003 U.K.

113 U.K. 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 ”.