Paragraph 36
The scheme may provide that if at the bonus date a participant holds an office or employment in a company which is—
(a)
an associated company of the scheme organiser, but
(b)
not a constituent company,
the options may be exercised within 6 months after that date.
Notes on Schedule 3
Textual amendments
- F1
Word in Sch. 3 title omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 103, 146 (with Sch. 8 paras. 147-157)