This section has no associated Explanatory Notes
138U.K.In section 701 (PAYE: meaning of “asset”) in subsection (2)(c)—
(a)in sub-paragraph (i) omit “Schedule 3 (approved SAYE option schemes) or”, and
(b)after sub-paragraph (i) insert—
“(iza)any shares acquired by the employee under a scheme which is a Schedule 3 SAYE option scheme (see Schedule 3),”.