SCHEDULES

SCHEDULE 8 Employee share schemes

PART 2 SAYE option schemes

Other amendments: ITEPA 2003, Part 4 of FA 2004, ITTOIA 2005 and CTA 2009

141 (1) Section 703 of ITTOIA 2005 (SAYE interest: meaning of “certified SAYE savings arrangement”) is amended as follows.

(2) In subsection (2)(b) for “an approved” substitute “a Schedule 3”.

(3) In subsection (3) for the definition of “SAYE option scheme” substitute—

• ““Schedule 3 SAYE option scheme” has the meaning given in Schedule 3 to ITEPA 2003.”