Commencement and transitional provision
This section has no associated Explanatory Notes
211(1)The amendments made by paragraph 175 above have no effect in relation to share options granted before 6 April 2014 under the scheme.
(2)If immediately before 6 April 2014 the scheme was an approved CSOP scheme which contains provision authorised by paragraph 25 of Schedule 4 to ITEPA 2003, on and after that date the scheme has effect with any modifications needed to reflect the amendments made by paragraph 175 above (subject to sub-paragraph (1) of this paragraph).