SCHEDULES

SCHEDULE 3 U.K. Approved SAYE option schemes

Part 5 U.K. Requirement for linked savings [F1 arrangement]

Textual Amendments

F1 Word in Sch. 3 Pt. 5 heading substituted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 618(5)(a) (with Sch. 2)

Requirements as to linked savings [F2 arrangement] : introduction U.K.

Textual Amendments

F2 Word in Sch. 3 para. 23 heading substituted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 618(5)(a) (with Sch. 2)

23 U.K. An SAYE option scheme must meet the requirements of—

• paragraph 24 (payments for shares to be linked to approved [F3 savings arrangements] ), and

• paragraph 25 (requirements as to contributions to [F3 savings arrangements] ).

Textual Amendments

F3 Words in Sch. 3 para. 23 substituted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 618(5)(b) (with Sch. 2)