OpenLegislation

Paragraph 138

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),”.