# Finance Act 2000, Paragraph 8

Extent: E+W+S+N.I.

An option is not a qualifying option unless the requirements of this Part of this Schedule are met as to—
(a) the purpose for which the option is granted (see paragraph 9),
(b) the maximum entitlement of an employee (see paragraph 10), and
(c) the maximum value of the relevant company’s shares in respect of which unexercised options can exist (see paragraph 11).

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/14/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-14/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.