49U.K.In the SAYE code the following expressions are defined or otherwise explained by the provisions indicated below:
| approved | section 516(4) (and see paragraph 42(3)) |
| associated company | paragraph 47(1) |
| the bonus date | paragraph 30(3) |
| [F1certified SAYE savings arrangement] | paragraph 48(1) |
| child | [F2section 721(6)] |
| close company | [F3section 989 of ITA 2007], (and see paragraph 11(4)) |
| company | paragraph 48(1) |
| connected person | section 718 |
| constituent company | paragraph 3(3) |
| control | section 719 (and see paragraphs 35(4) and 47(2)) |
| distribution | [F4section 989 of ITA 2007] |
| earnings | section 62 and see section 721(7) |
| eligible shares (in Part 4 of this Schedule) | paragraph 17(2) |
| employee and employment | section 4 |
| group scheme | paragraph 3(2) (and see paragraph 46) |
| F5. . . | F5. . . |
| F6. . . | F6. . . |
| market value | paragraph 48(1) |
| member of a consortium | paragraph 48(2) |
| notice | [F7section 989 of ITA 2007] |
| the options (in relation to a participant) | paragraph 2(2) |
| ordinary share capital | [F8section 989 of ITA 2007] |
| participant | paragraph 2(2) |
| participate | paragraph 2(2) |
| personal representatives | [F9section 989 of ITA 2007] |
| recognised stock exchange | [F10section 1005 of ITA 2007] |
| the SAYE code | section 516(3) |
| SAYE option scheme | section 516(4) |
| the scheme organiser | paragraph 2(2) |
| share option | section 516(4) |
| shares | section 516(4) |
| Special Commissioners | section 4 of TMA 1970 |
| specified age | paragraph 31 |
| tax | section 832(3) of ICTA [F11(as applied by section 989 of ITA 2007)] |
| F12. . . | F12. . . |
Textual Amendments
F1Words in Sch. 3 para. 49 substituted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 618(12) (with Sch. 2)
F2Words in Sch. 3 para. 49 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 448(a) (with Sch. 2)
F3Words in Sch. 3 para. 49 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 448(b) (with Sch. 2)
F4Words in Sch. 3 para. 49 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 448(c) (with Sch. 2)
F5Sch. 3 para. 49 entry repealed (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 122(f), Sch. 5; S.I. 2005/1126, art. 2(2)(h)(i)
F6Sch. 3 para. 49 Table entry repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 448(d), Sch. 3 Pt. 1 (with Sch. 2)
F7Words in Sch. 3 para. 49 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 448(e) (with Sch. 2)
F8Words in Sch. 3 para. 49 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 448(f) (with Sch. 2)
F9Words in Sch. 3 para. 49 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 448(g) (with Sch. 2)
F10Words in Sch. 3 para. 49 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 448(h) (with Sch. 2)
F11Words in Sch. 3 para. 49 Table inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 448(i) (with Sch. 2)
F12Sch. 3 para. 49 Table entry repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 448(j), Sch. 3 Pt. 1 (with Sch. 2)