SCHEDULES

SCHEDULE 8Employee share schemes

PART 1Share incentive plans

Amendments to Chapter 6 of Part 7 of ITEPA 2003

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1

Paragraph 6 (general requirements for SIPs) is amended as follows.

2

Make the existing text sub-paragraph (1).

3

After the new sub-paragraph (1) insert—

2

The requirements of this Part are also to be taken to include the requirements of paragraphs 89 and 90 (plan termination notices etc).