# Income and Corporation Taxes Act 1988, Paragraph 18

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

The scheme must provide that if a person who has obtained rights under the scheme dies before the bonus date the rights must be exercised, if at all, within 12 months after the date of his death and if he dies within six months after the bonus date the rights may be exercised within 12 months after the bonus date.

---
Source: https://www.legislation.gov.uk/ukpga/1988/1/schedule/9/paragraph/18 (the official version)
Page: https://openlegislation.uk/income-and-corporation-taxes-act-1988/schedule-9/paragraph-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.