39 Approved CSOP schemes: eligible shares
Finance Act 2010 (2010 c 13) | Legislation

39  Approved CSOP schemes: eligible shares

(1)     In Part 4 of Schedule 4 to ITEPA 2003 (shares to which approved CSOP schemes can apply), omit paragraph 17(1)(c) (shares in a company which is under the control of a listed company).

(2)     Accordingly, in that Schedule—

(a)     in paragraph 17—

(i)     after sub-paragraph (1)(a) insert “or”,

(ii)     omit “or” at the end of sub-paragraph (1)(b), and

(iii)     omit sub-paragraph (2), and

(b)     omit paragraph 20(3)(c) (and the “or” before it).

(3)     The amendments made by this section—

(a)     come into force on 24 September 2010, and

(b)     have effect in relation to options granted on or after that day.

(4)     If—

(a)

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